MTA-AUS 2014

CONEXPO-CON/AGG VIP SHOW GUIDE contains Floor Plans and a complete listing of companies exhibiting at the ConExpo-Con/Agg 2014 trade show in Las Vegas March 3-7, 2014. It also contains 2014 forecasts for the Aggregate, Concrete and Cement industries

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10 MINING & TECHNOLOGY AUSTRALIA 2014 | ISSUE 8 mineral reserves on the Eyre Peninsula. At this time, Centrex commenced a process of land acquisition, engineering, social and environmental studies. Stage 1 of the development provides for hematite and grain storage facilities, as well as a 515m jety, outloading materials handling system and ship loader, site access, establishment of on-site services, and site preparation for fully enclosed receival and storage facilities. The site ofers fexibility in design options and potential to accommodate other users at the site. It is anticipated the port will handle Centrex ore estimated at 2 million tonnes per annum (Mtpa) of hematite, 5 Mtpa of magnetite as well as 500,000 tonnes of grain per annum with an approximate loading capacity of 5,000 tonnes per hour (t/h) for iron ore and 1,400 t/h for grain. Project capital investment will include detailed design and construction of a leading practice port facility incorporating enclosed conveyors, and negative pressure storage systems to prevent the release of dust. Centrex also proposes to construct a Stage 2 fve gigalitre (GL) modularised reverse osmosis desalination plant to support ofsite magnetite mine processing needs, with potential to expand to 20 GL. Additional State development approval will be required for this facility. Centrex set a number of development objectives for Port Spencer, to meet not only Centrex's needs, but also that of the regional mining sector and other industries. The port will provide an export route to market for Centrex's mineral hematite and magnetite products as well as provide for a private multi-user port option for third party iron ore and other export products from the Eyre Peninsula, in particular grain. The site is approximately 140 hectares, which provides space for future expansion and upgrades to meet other users' needs. To accommodate future design fexibility and develop a more sustainable site, Centrex designed the proposed site layout to be able to receive a rail delivery system, should other users wish to fund this option. Centrex does not plan to construct regional rail access to the site as part of the current project development. Centrex has had signifcant discussions with the private sector regarding the potential export of grain from the site. By identifying the need to provide a facility that will positively contribute UPFRONT Centrex proposes to develop Port Spencer as a new deep water private multi-user port. The 100 per cent privately funded project is proposed for the east coast of the Eyre Peninsula, approximately 70km north-east of Port Lincoln (Figure 1). The Eyre Peninsula is home to over 34,000 people and key industries include agriculture, tourism, fshing and aquaculture. Mining has the potential to also become a key middle and southern Eyre Peninsula regional industry. Centrex is a publicly listed South Australian iron ore exploration and mining company, which was incorporated in 2001. The company has extensive tenement holdings, approximately 2,000km 2 , including substantial hematite and magnetite resources (Figure 2), and exploration targets on the Eyre Peninsula in the southern Gawler Craton. With such extensive tenement holdings, Centrex commenced a site selection process for a new port after a detailed review of the feasibility of using existing South Australia/Northern Territory ports showed that existing facilities, including Port Adelaide, Port Bonython, and Darwin, were not viable for their mineral project developments. In 2008, Port Spencer was identifed as a suitable location due to its close proximity to deep water 1 and to Centrex's ____________________ 1 Deep water suitable of receiving Cape class vessels is 20m depth at lowest astronomical tide. Figure 2: Centrex Metals Ltd Iron Ore Tenements on the Eyre Peninsula (Source: Centrex Metals Ltd, 2012)

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