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Australia

Tampu Project

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Categories

Summary

Mine TypeOpen Pit
Study CompletedPreliminary Economic Assessment
Study in ProgressFeasibility
Commodities
  • Alumina
  • Kaolin
Mining Method
  • Truck & Shovel / Loader
Mine Life... Lock
SnapshotThe Tampu Project has the potential to become one of the highest quality undeveloped kaolin deposits globally to produce HPA and kaolin.

The 2023 Scoping Study investigated two scenarios: a 100% kaolin operation or a 100% High Purity Alumina (HPA) operation. The Corella-Resources strategic vision is a multi-product operation of varying kaolin products, including a kaolin feed for HPA production. The product mix and phased scheduling, including capex for all product types, will be a focus of the planned Feasibility Study.

As of April 2024, direct ship ore (DSO) sample customer product testing underway for potential accelerated early cashflow start-up option. Cash flow from the DSO operation would facilitate ongoing funding for kaolin wash plant Feasibility Study.

In January 2024, the Company announced the discovery of two distinct styles of rare earth element (REE) mineralisation at the Tampu project.

Owners

SourceSource
CompanyInterestOwnership
Corella Resources Ltd 100 % Indirect
The Tampu Kaolin Project (Tampu) comprises seven granted exploration licences which are 100% held by Corella Resources Ltd.

Contractors

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Deposit type

  • Saprolite

Summary:

Drilling at Tampu has defined significant bright white kaolin mineralisation with very high-grade alumina (Al2O3) contents and very low levels of contaminants.

Tampu mineralisation is open in all directions, with an average depth of 4m and a footprint covering less than 0.15% of the total Tampu landholding with substantial potential for future growth.

Reserves

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Mining Methods

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Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

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Processing

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Commodity Production

CommodityUnitsAvg. AnnualLOM
Alumina kt 40 *2,265 *
All production numbers are expressed as powder. * According to 2023 study.

Operational metrics

Metrics
Annual processing rate  ....  Subscribe
Stripping ratio  ....  Subscribe
Waste tonnes, LOM  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
Total tonnes mined, LOM  ....  Subscribe
Tonnes processed, LOM  ....  Subscribe
* According to 2023 study.

Production Costs

CommodityUnitsAverage
Total cash costs Alumina AUD  ....  Subscribe
Assumed price Alumina AUD  ....  Subscribe
* According to 2023 study / presentation.

Project Costs

MetricsUnitsLOM Total
Initial CapEx $M AUD  ......  Subscribe
Sustaining CapEx $M AUD  ......  Subscribe
Total CapEx $M AUD  ......  Subscribe
OP OpEx $M AUD  ......  Subscribe
Processing OpEx $M AUD 32,040
Total OpEx $M AUD  ......  Subscribe
Royalty payments $M AUD  ......  Subscribe
Gross revenue (LOM) $M AUD  ......  Subscribe
Net revenue (LOM) $M AUD  ......  Subscribe
EBITDA (LOM) $M AUD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M AUD  ......  Subscribe
Pre-tax NPV @ 10% $M AUD  ......  Subscribe
Pre-tax NPV @ 8% $M AUD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
Pre-tax payback period, years  ......  Subscribe

Aerial view:

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