New edition of Prospect magazine released

Talison Mineral's Greenbushes mine in WA's South West is a world-class resource for tantalum and lithium.

Talison Mineral's Greenbushes mine in WA's South West is a world-class resource for tantalum and lithium.


The June - August edition of Western Australia's international resources development magazine Prospect is now available.

The current issue is packed with information about some of the most exciting developments and projects taking place in the State’s resources industry.

The cover story reports on the official opening of BHP Billiton’s US$2.1 billion Ravensthorpe Nickel Mine.

The mine is expected to produce about 50,000 tonnes of nickel and 1400 tonnes of cobalt per annum over its 25-year life span. It accounts for a large proportion of Western Australia’s nickel resources, which total 27 million tonnes – the third largest in the world.

Shire of Ravensthorpe President Brenda Tilbrook said prior to the nickel project getting off the ground, Ravensthorpe suffered the same problems as any other regional Australian shire, including a dwindling population and a lack of infrastructure.

“Because of BHP Billiton setting up down here we’ve had more people coming to the town and more jobs created. And because of that there’s been a new school built in Hopetoun to service the families that are moving there,” she said.

Also in this edition, readers can learn about the only two Western Australian mines for tantalum and lithium, which are both owned by Talison Minerals and located in the State’s South West.

Talison Chief Executive Officer Peter Robinson said the Greenbushes spodumene resource was the largest deposit of high grade lithium minerals in the world.

“The Greenbushes mine has lithium resources of 36 million tonnes, containing an extraordinary 42 per cent spodumene,” he said.

“In addition, Greenbushes has tantalum resources of 191 tonnes containing 74 million pounds of tantalum pentoxide, and the operation has the ability to process four million tonnes per annum.”
 
Readers can also gain an insight into the effects of the world gold price topping US$1000 an ounce for the first time this year. With the price remaining close to that historical high, a number of Western Australian projects are poised to cash in on the resurgent metal.

The magazine’s regular features include commissioned projects, committed projects and projects under consideration in WA for the financial year ending 2007-08.

Prospect is released quarterly and is produced by the Department of Industry and Resources.

To subscribe to receive hard copies of Prospect contact Gerard O’Neill from the Department of Industry and Resources on (08) 9222 3821 or to download a copy visit:

http://www.doir.wa.gov.au/documents/Prospect_JUN08.pdf

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