GOSCHEN RARE EARTHS AND MINERAL SANDS PROJECT

The Goschen Rare Earths and Mineral Sands Project is a mining and processing facility located in the Loddon-Mallee Region of northwest Victoria, under development by 100% Australian owned and operated, VHM Limited (ASX:VHM).

The Project will operate for 20-25 years and is expected to create around 75 construction jobs for the 1.5Mtpa stage 1 and 150 full time jobs for the first 3 years of operations, before increasing significantly approximately 3 years after commissioning, when throughput is increased to the 5Mtpa stage 2 of the Project.

Staged Development Approach:

Development of the Goschen Project is planned to occur in 2 stages;

Stage 1 (1.5Mtpa) - consists of a feeder and scrubber, wet concentrator plant (WCP), and a rare earth mineral flotation circuit (REMFC) producing rare earth mineral concentrate (REMC) and zircon-titania heavy mineral concentrate (HMC), with first commissioning in H2, 2026.

Stage 2 (5Mtpa) - increases throughput to 5 million tonnes per annum producing rare earth mineral concentrate (REMC) and zircon-titania heavy mineral concentrate (HMC).

Contracts and Procurement

VHM is committed to realising value for money at an acceptable level of risk for all procurement expenditure. Value for money involves selecting vendors who can provide the best overall benefit to VHM over the procurement cycle. VHM aims to support and develop local business sustainability.

• VHM prefers commercially viable opportunities that provide local employment and support local business infrastructure.
• Opportunities are available through VHM directly and also through its construction and operational contractors.
• VHM maintains a local preference procurement policy.
• Mining is a highly regulated industry where all operations, works and activities are subject to regulation under the Occupational Health and Safety Act (2004) and regulations.
• VHM targets best practice in safety, environment, social, governance and sustainability.
• VHM will induct all on-site workers in line with its safety, environmental, and other fundamental operating policies.
• All equipment will be inspected, and operators approved by VHM before mobilisation to site.
• Only approved VHM officers can engage your business.

Capability Areas

• VHM invites interested contractors to submit an expression of interest in the following areas:
• Drilling and Support Services
• Minor Equipment Hire
• General Hardware
• Fencing
• Accommodation
• Road and Intersection Works
• Fuel Supply Security
• Traffic Management
• Waste handling

Events

Please note, industry briefings covering broader opportunities will likely be held at a later date by VHM.

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