Bald Hill Lithium and Tantalum Mine

The Bald Hill Lithium and Tantalum Mine is the first lithium mine to produce commercial lithium produce in Australia for nearly a decade. It is currently in the process of being re-opened for tantalum production. It previously was operated as a tantalum mine by Haddington International Resources.[1] The mine comprises approximately 774 square kilometres in Western Australia's Eastern Goldfields Coolgardie Municipal area. It is located approximately 60 kilometres south east of Kambalda and around 50 kilometres east of Widgiemooltha.[2][3]

The Ball Hill Lithium and Tantalum Mine is funded to production with existing lithium offtake agreements in place with a Hong-Kong based company, Burwill Holdings Limited (SEHK: 0024) for the next 5 years.

Ownership

The Ball Hill Lithium and Tantalum Mine is jointly owned by Tawana Resources (ASX: TAW) and Alliance Mineral Assets Limited (SGX: AMA). Tawana and Alliance Mineral Assets Limited are in the process of a $446 million merger.[4][3]

Reserves and resources

The Ball Hill Lithium and Tantalum Mine has reserves amounting to 11.3 million tonnes grading 1.01% lithium and 160 parts per million tantalum for 114,100 tonnes in contained lithium and 4 million pounds of contained tantalum. The increased reserve now underpinning an initial nine-year mine life. The contained lithium resource is estimated to be 26.5Mt grading 0.96% lithium, 149ppm tantalum for 255,200 tons of contained lithium and 8.6Mlb of contained tantalum.Additionally, with the ongoing infill drilling program, further upgrades are targeted for later this year.[2][3]

References

  1. ↑ "Haddington expected to boost Bald Hill tantalum resource". www.miningnews.net. 2002-01-25. Retrieved 2018-09-02.
  2. 1 2 "Tawana Resources' Bald Hill lithium reserve upgrade underpins nine year mine life, more expected". Small Caps. 2018-06-06. Retrieved 2018-09-02.
  3. 1 2 3 Editorial, Reuters. "Alliance Mineral Assets doubles its West Australian lithium reserves". U.S. Retrieved 2018-09-02.
  4. ↑ "Tawana, Alliance achieve commercial lithium production at Bald Hill mine - Australian Mining". Australian Mining. 2018-07-31. Retrieved 2018-09-02. 

    This article is issued from
    Wikipedia.
    The text is licensed under Creative Commons - Attribution - Sharealike.
    Additional terms may apply for the media files.