Australian Zircon mineral sands project to cost $295m in construction

By Kasia Patel
Published: Wednesday, 01 October 2014

Following the completion of the company’s BFS, the Australian junior is now looking to finalise capital raising for the project. The company is also in marketing discussions for offtake agreements for the remainder of its THM production.

ASX-listed junior Australian Zircon NL has will need to contribute Australian dollar (A$) 338.4m ($294.8m*) in construction costs to its 80%-owned WIM150 mineral sands projects in western Victoria, Australia.

The company announced the completion of its optimised studies in respect of the bankable feasibility study (BFS) on...

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