Concentrate is expected to be transported for processing at the Hamilton mineral separation plan in Victoria.
The definitive feasibility study for a conventional development approach was completed in 2016. Studies included assessment of conventional mine development options, with detailed work undertaken on a cross pit stacker concept. Associated work has included dewatering ore requirements with hydrogeological modelling and testing. The conventional development option definitive feasibility study has ceased in favour of progressing, in a phased manner, an unconventional mining approach.
During 2016 Iluka made a significant investment in trialling an innovative mineral sands mining technique. The key potential benefits of the alternative, underground mining approach are expected to include: a lower capital-intensive development approach, phased production expansion and lower environmental impacts.
Iluka has lodged two Environmental Impact Statements (EIS) as principal approvals processes supporting the Balranald Project. An EIS was submitted to the New South Wales Government in May 2015, while a further EIS was submitted to the Commonwealth Government in February 2016.
Stakeholder and community engagement activities are designed to support Iluka's development of the Balranald deposit. Copies of recent publications available on the Community Information page.
Balranald, if approved and dependent on form of development, has the potential to provide approximately eight years of rutile, zircon and ilmenite production.
|Mineral Resources, West Balranald and Nepean
|Heavy Mineral (HM)
||16.3 million tonnes
||rutile 12%; zircon 11%; ilmenite 63%
The information in relation to the Ore Reserves andMineral Resources for Balranald, Murray Basin was first prepared and disclosed under the JORC Code 2004. It has not been updated since to comply with the 2012 JORC Code on the basis that the information has not materially changed since it was last reported.