Iluka gets approval for development of Jacinth-Ambrosia project

Iluka Resources Limited, an Australian Stock Exchange listed resources company involved in the exploration, project development, operation and marketing of mineral sands, has received South Australia’s government approval for its application for the grant of a mineral lease, two miscellaneous purposes licences and an extractive minerals lease for mining, processing and associated infrastructure at the Jacinth-Ambrosia development.

The company has received granting of a mineral lease over Mineral Claims 3575 – 3592 for a period of twenty-one years. The mineral lease allows Iluka to proceed with applying for various works approvals to commence infrastructure work, including roads, construction of an accommodation village and commencement of other site works, including, establishment of water and power supplies. The company may start the activities within this year.

Construction and mining activities will be conducted in accordance with a Mining and Rehabilitation Plan (MARP) which is subject to ministerial approvals. The Mining Lease Application process included the preparation of detailed analyses and environmental assessments encompassing: water, fauna and flora, noise, heritage and socio-economic impacts.

Hans Umlauff, General Manager South Australian Development and Project Management, said, this is a key milestone for the project. It enables the company to submit a MARP, and upon approval will enable commencement of initial site activities before mining operations commence.

Iluka recognises the environmental significance of the area and will conduct its activities in accordance with the high environmental standards necessary, said Mr. Umlauff.

The company recognises and appreciates the support of the South Australian Government in achieving this milestone expeditiously and in accordance with the timeframe for project development, concluded Mr. Umlauff.