Australia

Barrambie Project

Click for more information

Categories

Overview

Mine TypeOpen Pit
StagePermitting
Commodities
  • Titanium
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotThe Barrambie vanadium and titanium project in Western Australia is one of the largest vanadiferous-titanomagnetite Mineral Resources globally, containing the world’s second highest-grade hard rock titanium Mineral Resource and high-grade vanadium resource subsets (referred to as the Eastern and Central Bands respectively).

Pre-Feasibility Study Update assumes production 12 months of Direct Shipped Ore (“DSO”) followed by Mixed Gravity Concentrate (“MGC”) from Barrambie.

Owners

SourceSource
CompanyInterestOwnership
Neometals Ltd 100 % Indirect
The Barrambie Titanium project is 100% owned by Neometals through Australian Titanium Pty Ltd, located in a Tier 1 jurisdiction with excellent infrastructure.

Contractors

Lock

- subscription is required.

Deposit type

  • Magmatic
  • Banded iron formation hosted

Summary:

The ferrovanadium titanium (Ti-V-Fe) deposit occurs within the Archaean Barrambie Greenstone Belt, which is a narrow, north-northwest to south-southeast trending greenstone belt in the northern Yilgarn Craton. The linear greenstone belt is about 60 km long and attains a maximum width of about 4 km. It is flanked by banded gneiss and granitoids. The mineralisation is hosted within a large layered, mafic intrusive complex (the Barrambie Igneous Complex), which has intruded into and is conformable with the general trend of the enclosing Greenstone Belt From aeromagnetic data and regional geological mapping, it appears that this layered sill complex extends over a distance of at least 25 km into tenements to the north and south of M57/173 that have been acquired by Reed. The layered sill varies in width from 500 m to 1,700 m.

The sill is comprised of anorthositic magnetite-bearing gabbros that intrude a sequence of metasediments, banded iron formation, metabasalts and metamorphosed felsic volcanics of the Barrambie Greenstone Belt. The metasediment unit forms the hanging-wall to the layered sill complex.

Exposure is poor due to deep weathering, masking by laterite, widespread cover of transported regolith (wind-blown and water- borne sandy and silty clay), laterite scree and colluvium. Where remnant laterite profiles occur on low hills, there is ferricrete capping over a strongly weathered material that extends down to depths of 70 m.

Ti-V-Fe mineralisation occurs as bands of cumulate aggregations of vanadiferous magnetite (martite)-ilmenite (leucoxene) in massive and disseminated layers and lenses.

Within the tenement the layered deposit has been divided into five sections established at major fault offsets. Cross faults have displacements that range from a few metres to 400 m. The water table occurs at about 35 m below the surface (when measured where the laterite profile has been stripped).

Dimensions
The deposit covers an area of approximately 11 km north-south by approximately 250 m east-west and extends to a depth approximately 80 m below surface. The deposit remains open at depth and along strike.

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Comminution

Crushers and Mills

Lock

- subscription is required.

Processing

Lock

- subscription is required.

Production

Titanium concentrate means Mixed Gravity Concentrate (“MGC”).
CommodityProductUnitsAvg. Annual
Titanium Concentrate kt 1,138

Operational metrics

Metrics
Annual mining rate  ....  Subscribe
Annual production capacity  ....  Subscribe
Annual processing rate  ....  Subscribe
Stripping / waste ratio  ....  Subscribe
Waste tonnes, LOM  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
Total tonnes mined, LOM  ....  Subscribe
* According to 2023 study.

Production Costs

CommodityUnitsAverage
Cash costs Titanium concentrate AUD  ....  Subscribe
All-in costs Titanium concentrate AUD  ....  Subscribe
Assumed price Titanium concentrate AUD  ....  Subscribe
* According to 2023 study / presentation.

Operating Costs

Currency2023
OP mining costs ($/t milled) AUD 21.3 *  
Processing costs ($/t milled) AUD  ....  Subscribe
Total operating costs ($/t milled) AUD  ....  Subscribe
* According to 2023 study.

Project Costs

MetricsUnitsLOM Total
Initial CapEx $M AUD  ......  Subscribe
Sustaining CapEx $M AUD  ......  Subscribe
OP OpEx $M AUD  ......  Subscribe
Processing OpEx $M AUD 482.8
Transportation (haulage) costs $M AUD 934.5
Total OpEx $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

Heavy Mobile Equipment

Lock

- subscription is required.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Feb 22, 2024
....................... Subscription required ....................... Subscription required Subscription required Feb 22, 2024
....................... Subscription required ....................... Subscription required Subscription required Feb 22, 2024

Lock

- subscription is required.