Overview
| Status | Care and Maintenance |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Production Start | ...  |
| Mine Life | 9 years (as of Jan 1, 2018) |
Company filed for Financial reporting relief on April 8, 2020.
Mine production status is unknown.
July 15, 2020 - The Bald Hill Mine remains on care and maintenance, the Alita Resources continues to meet environmental obligations, keep the tenements in good standing and maintain the relevant insurance.
September 4, 2023 - The Bald Hill lithium mine operates under effective foreign control through a complex corporate structure. The lithium mine operates at a loss under these arrangements, with profits transferred overseas via an offtake agreement with a Hong Kong-registered entity, Yihe Cleantech Material Limited. It has been alleged that this offtake agreement has also led to an under-payment of state royalties. |
| Latest News | NRW breaks financial record November 30, 2023 |
Source:
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McGrathNicol was appointed the administrators of Alita in December 2020.
Austroid is the secured creditor of Alita and appointed KordaMentha as receivers and managers in December 2020. KordaMentha acts in the interest of foreign-owned Austroid, not the shareholders of Alita. On August 31, 2023, Richard Tucker and John Bumbak of KordaMentha were appointed as Receivers and Managers of the Company. The Receivers and Managers remain in control of the secured property, including the Company and its assets including its shareholding in the Bald Hill Mine.
On September 5, 2023, Mineral Resources (MinRes) entered into an implementation agreement to acquire the Bald Hill lithium mine in WA.
The Deed Administrators have commenced an application in the Supreme Court of Western Australia seeking various orders, including for Alita to be placed into liquidation to allow for the implementation of the proposed MinRes acquisition.
Contractors
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Summary:
The Bald Hill Pegmatite Mineral Resource comprises one large, main, sub horizontal pegmatite body, striking north-south, with a strike length of 1,070 metres, and a width at its widest point of 775 metres.
This main body is surrounded by several smaller discrete pegmatite bodies, sub-parallel to the main, which result in a total strike length for the whole resource of 1,245 metres, and a total width of 990 metres. The Mineral Resource has a total vertical depth of 195 metres, beginning 20 metres below the natural surface and plunging gently to the south along its entire strike length.
Summary:
SMS Innovative Mining Solutions Pty Ltd is undertaking contract open-pit mining of the lithium and tantalite ore. The mining of staged open pits uses a conventional truck/excavator mining method.
Current key mining equipment on site includes 1 x 360t Excavator, 1 X 200t excavator, 1 x 120t Excavator, a fleet of Cat785/777 trucks and ancillary equipment including dozers, graders, loaders and water carts.
Drill and blast is being undertaken under sub contract by JSW Australia using a combination of top hammer and down hole hammer drill rigs.
To minimise ore loss and dilution, ore is being mined in blocks of shallow bench height of 2.5m with drill and blast limited to 5m depth is areas containing ore. Bulk waste is mined utilising 5m to 10m benches, with bulk waste drill and blast targeting 10m benches.
Source:
Summary:
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Operational Metrics:
| Metrics | 2018 |
|
Annual processing rate
| 1.2 Mt |
Reserves at December 1, 2018:
| Category | Tonnage | Commodity | Grade | ContainedÂ
Commodity |
|
Probable
|
11.3 Mt
|
Li2O
|
1.01 %
|
114,100 t
|
|
Probable
|
11.3 Mt
|
Ta2O5
|
160 g/t
|
4,000 k lbs
|
|
Indicated
|
14.4 Mt
|
Li2O
|
1.02 %
|
147,200 t
|
|
Indicated
|
14.4 Mt
|
Ta2O5
|
168 g/t
|
5,300 k lbs
|
|
Inferred
|
12.1 Mt
|
Li2O
|
0.9 %
|
108,000 t
|
|
Inferred
|
12.1 Mt
|
Ta2O5
|
123 g/t
|
3,300 k lbs
|
Mine Management:
| Job Title | Name | Profile | Ref. Date |
|
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|
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|
|
Oct 31, 2022
|
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