Project Summary
The Cadoux aluminous clay (kaolin) deposit’s high quality and ideal metallurgical
characteristic is model feedstock for HPA process production. This high-quality alumina
product will provide a competitive advantage in the global HPA market.
The Cadoux Project area boasts excellent infrastructure and is host to shallow, flat lying
deposit with geology that is ideal for HPA processing. A detailed Definitive Feasibility
Study has been completed, reserves calculated, and the first 3 years of grade control has
also been completed.
The project area is 100% owned with permitting completed and no native title. The resource
supports over 100 years of production with a reserve of 3.2 million tonnes grading 24.8%
Al2O3 supporting a DFS mine life of over 25 years.
Highlights
- Alcoa JV MOU attracts world class alumina attention
- DFS confirmed Cadoux as a world-class
- HPA project
- Process flowsheet optimised to increase efficiencies + reduce Capex & Opex
- Metallurgical results exceeded 99.99% target HPA*
- Mining Lease granted and permitting completed
- Advancing HPA offtake negotiations with potential customers
Outstanding Economic Metrics
US$
HPA cash cost per tonne
%
IRR
YEAR
Mine Life
US$M
Capex
US$M
Average Annual EBITDA
YEAR
Payback
US$M
After Tax NVP at 10%
US$M
Per Annum
Next Steps
- Alcoa JV MOU attracts world class alumina attention
- DFS confirmed Cadoux as a world-class
- HPA project
- Process flowsheet optimised to increase efficiencies + reduce Capex & Opex
- Metallurgical results exceeded 99.99% target HPA*
- Mining Lease granted and permitting completed
- Advancing HPA offtake negotiations with potential customers
