New article on the Esperance Port upgrade available on the Mindax website.
http://mindax.com.au/upload/documents/InvestorRelations/Media/20121212_YilgarnUnlocked.pdf
Modest Esperance Port upgrade
DSO Stage one – additional 10–15 Mtpa = total 26 Mtpa
• Learning the lessons of Oakajee – no gold plating
• Cap cost approximately $225 million – tariff structure
economically viable for miners
• No seabed reclamation (no two- to three-year additional
environmental approval process required)
• Two-year construction horizon possible once proponent
selected to upgrade stage one infrastructure
• New twin-cell RCD (rail car dumper)
• Negative pressure sheds (750,000 tonnes)
• New rail and conveyer systems
• Upgrade ship loader from 2400 to ~5500 tph (tonne per
hour).
The SCS report
Mindax also gets a favourable writeup as do several other Yilgarn companies.
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