The Fingerboards Mineral Sands Project focuses on a high-grade area of the Glenaladale ore body, located about 20 kilometres north-west of Bairnsdale.
Kalbar Operations proposes to extract 170 million tones of ore to produce around 8 million tones of heavy mineral concentrate (HMC) over 15-20 years.
Heavy mineral concentrate is the valuable heavy mineral that has been extracted from the ore but has not yet been processed into final mineral products.
The mineral products – zircon, ilmenite, rutile, and rare earths – are in high global demand for use in communications, transport, medical technology and renewable energy.
Following completion of an Environment Effects Statement (EES) and its submission to the Victorian government, project approvals may occur in early 2021, enabling the project to commence construction in the same year, and commence operation in 2022.