AUZ 11.1% 0.8¢ australian mines limited

Battery Giant LG Chem Prepares to Lock In Mineral Supplies (yahoo.com), page-262

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    "Today's Townsville Bulletin is reporting the Agripower Australia plans to build an Amorphous Silica fertiliser plant at Yabulu, north of Townsville, has now gained State Government support. The $663-million processing plant is set for construction in 2023, alongside the rebuilding of the 220km Greenvale-Yabulu line (Yabulu is at the junction with QR's North Coast Line), and a 45km long conveyor to connect the mine with the railway.

    Premier Annastacia Palaszcuk yesterday announced the project had been granted prescribed project status, which will allow the Coordinator General to fast track approvals for the plant. The conveyor and railway will to take 24-months to build to the world's largest deposit of amorphous silica - with 2-billion tonnes of resource available. Agripower already has a processing facility in Charters Towers, with the Yabulu plant to boost export production of Agrisilica fertiliser. Previous reports have indicated the mine will have a production capacity of 5-million tonnes per annum.

    Apart from one bridge removed over the Bruce Highway in 2018, and a collapsed tunnel on Herveys Range, the Greenvale line alignment remains intact, more or less needing only the track to be reinstated."
 
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