These are my estimations based on the TMT mineral ore reserve table. It is a starting point.
V205 Estimation:
105 Million Tonnes * 1million = 105 Million Tonnes
105 Million Tonnes * 44.4% (Mass Yield Recovery from the TMT Mineral Reserve Table)
= 46.62 Million Tonnes (Magnetic Concentrate) * 0.016 (Magnetic Concentrate Grade)
= 745000 Tonnes / 12,000 Tonnes per Year Production
= 62 Years of High Grade V205 Production.
Ilmenite Estimation
105 Million Tonnes * 1million = 105 Million Tonnes
105 Million Tonnes * 56.6% (Mass Yield Recovery from the TMT Mineral Reserve Table)
= 59.43 Million Tonnes (Non-Magnetic Concentrate)
59.43 Million Tonnes (Iron / Titanium) * 12.35% Illmenite (TMT grade) = 7.33 Million Tonnes
7.33 Million Tonnes / 62 Years of High Grade Material above
= 229,062 Tonnes of Illmenite Production per year based on a 12,000 per Year Run Rate.
Iron Estimation:
105 Million Tonnes * 1million = 105 Million Tonnes
105 Million Tonnes * 56.6% (Mass Yield Recovery from the TMT Mineral Reserve Table)
= 59.43 Million Tonnes (Non-Magnetic Concentrate)
= 59.43 Million Tonnes (Iron / Titanium) * 87.65% Illmenite (Minus Ilmenite Grade Above) = 52.09 Million Tonnes
= 52.09 Million Tonnes * (Assumed Optimizing Yield 80%)
= 41.672 Million Tonnes / 62 Years
= 670,00 Tonnes per Annum 60 Fe Production
20% Waste Material (Iron Low Grade)
This does not account for the low grade deposits just the high grade 105Mt Component.
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