Spinifex Ridge Molybdenum = ideal location
Spinifex Ridge Molybdenum Project Highlights
•Definitive Feasibility Study completed
•10 million tonne per annum expandable to 20 million tonne per annum project
•Fully costed and defined from deposit to steel mill
•Environmental permits in place
•All mining leases granted
•Native title agreements in place
•Long Lead items received
•Key operating agreements in place
•10Mtpa Process design work underway
•Copper by-product credits
•Tolling agreements and strategic alliance in place with Molymet, the worlds largest independent processor of Molybdenum concentrates
•Offtake agreements in place over 100% of Mo production
•10Mtpa - 11 million lb Mo per annum, 13.5 million Ib Cu per annum
•20Mtpa - 24 million lb Mo per annum, 27 million Ib Cu per annum
•Low risk execution and construction, ideal location
https://www.hanlongmining.com/australia/