The Ammaroo Phosphate Project is located 200km southeast of Tennant Creek. The project area contains the billion tonne 40 km long Ammaroo Phosphate JORC Resource. A BFS is currently underway and an EIS is being compiled for an initial development of a phosphate rock concentrate operation producing up to 2 million tonnes of concentrate product per annum for export to Asian phosphoric acid producers.
The Feasibility Study (FS) announced 17th May 2018 confirmed that the Ammaroo Project is technically feasible and will deliver positive economic benefits, if developed in accordance with the prescribed design criteria. The EIS was approved October 2018. Native Title approval is in progress and it is hoped that the company can make an investment decision by mid-2019 to commence an 18 month construction project before commencing production in late 2020 or early 2021.
The operation will combine an open cut mine, a floatation beneficiation plant, associated mine site infrastructure, power generation, bore field and water pipeline, accommodation village and a 90km rail spur and 120 km low pressure gas pipeline from the main Amadeus pipeline.
The company would like to initiate a process of early engagement with local NT based and regional contractors and businesses that may have the capabilities and assets required to help construct and operate a project of this nature. At this stage of the projects evolution, expressions of interest through ICN Gateway would be most welcome. It is not envisaged that any specific work packages will be available until 2019.
This development could represent the first step in developing over time, a long term fertiliser production industry here in Central Australia. One of the few parts of the world where all the ingredients exist in close proximity to each other and markets, including the Australian market.SHOW LESS
Media releases▲ CONTRACT
|Quarterly Activities Report - APRIL2019|
|Interim Financial Report|
|Quarterly Report JAN19|
|Ammaroo Phosphate Project EIS Completed|
|Verdant Minerals Investor Presentation August 2017|