Beharra silica sands project, Australia
Name of the Project
Beharra silica sands project.
Location
Perpetual Resources.
Project Owner/s
South-east of Geraldton, Western Australia.
Project Description
A prefeasibility study has confirmed that the project will deliver exceptionally strong margins over the initial 32-year mine life.
The project has Joint Ore Reserves Committee-compliant in situ probable ore reserves of 64-million tonnes grading 98.6% silicon oxide.
The project envisages production of 1.5-million tonnes a year produced from a run-of-mine production of two-million tonnes a year. Total silica sand expected to be produced is estimated at 48-million tonnes.
The project will use simple mining and processing, with off-the-shelf processing technologies applied and optimal plant configuration sized to allow for maximum flexibility and optimal capital cost.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has an after-tax cash flow net present value, at a 10% discount rate, of A$231-million and an internal rate of return of 55%, with a payback two years.
Capital Expenditure
The project will require startup capital of A$39-million.
Planned Start/End Date
The overall timeline for development, permitting and approval activities is targeting startup of construction in the second quarter of 2022, with the start of mining and processing operations in the fourth quarter of 2022.
The schedule depends upon regulatory and funding approvals.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Snowden (ore reserves).
Contact Details for Project Information
Perpetual Resources, email info@perpetualresourceslimited.com.au.
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