The 25 Year Plan

The 25 year plan also assumes a beneficiation process that involves scrubbing (both drum and horizontal) followed by particle sizing to remove the fraction under 20 µm. This new beneficiation process will result in a 34.0% P2O5 product grade, mass recovery of 75.5% and 78.4% P2O5 recovery confirmed by a pilot scale test on a one tonne sample. After passing through the process plant, the final production of phosphate concentrate, based on 1.75 mpta of ROM feed, will be 1.32 Mtpa.

The processed phosphate rock concentrate will be dewatered to up to 8% moisture as it leaves the process plant using a vacuum belt filter and transported by an enclosed conveyer belt to a truck load-out facility. The product will then be trucked port, where it will be unloaded, stockpiled, and conveyed via a shiploader to load 35,000 dead weight tonnes (“DWT”) ships.  

The Life of Mine (“LOM”) operating costs are approximately US$52.13 per tonne of final concentrate. The initial capital cost for the current project is estimated at US$ 50 million and does not include owner’s costs. Owner’s costs amount to US$10 million and include items such as project insurance, resettlement and owner’s team costs. Owner’s costs have been included in the financial analysis.