Our Vision

The Next Big Australian Iron Ore Development

Set out here is our planned configuration for rapidly moving into production. It requires minimal further analysis and summarises our vision and our blue print for construction of a rapid start-up project.

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Starting from the port end - - -

Shipping of Concentrates to Market

Concentrates will be shipped in chartered, geared bulk carriers

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Port loading and transfer

Shuttle barges/vessels (financed off balance sheet) will take concentrate from existing harbours to suitable anchorages for transshipment to either geared bulk carriers (ships with cranes for self-loading from barges) or un- geared bulkers. The concentrate will be transferred from the barges to the ship by either the ship’s cranes or floating pontoon cranes.

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Concentrate delivery Rail to Port

Unit trains (third party owned and operated) will bring concentrate from Olary to the harbour on the Australian Rail Track Company (ARTC) railroad and the unloaded concentrate will be transferred to shuttle barges/vessels at the harbour.

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Concentrate delivery Mine to Rail

Concentrate will be hauled from the mine process plant to the Railroad at Olary by road trains

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Concentrate Process Plant at Mine

The process plant (financed as much as possible with export credits) will consist of Loesche Vertical Roller Mills for dry grinding in a single step from 100mm to liberation size. To make the magnetite concentrate we have a choice between dry magnetic separation and wet magnetic separation followed by hydro separation.

Mining Operations

Mining will be via conventional drill, blast, excavators and trucks utilising leased equipment

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