Australia's First Heavy Rare Earths Mine Given Green Light

BEIJING - Sept. 26, 2016 - PRLog -- CHINA'R' CONCEPTS LTD

Australia's First Heavy Rare Earths Mine Given Green Light

Australia is ever closer to its first very own rare earths mine.

Situated South East of Halls Creek in Australia. Browns Range aims to be the only significant creator of dysprosium separate to China.

The Brown Range Pilot Plant

The 60,000tpa pilot plant is strategic to involve an open close mining operation to yield 49,000kg dysprosium, in 590,000kg total rare earth oxides (TREO) controlled in a diverse RE carbonate per annum.

Brown Range has a Total Mineral Resource estimation of 8.98 Mt at 0.63 % TREO comprised of 56,663,000kg contained TREO using a cut-off rating of 0.15% TREO. The Wolverine deposit holds an additional total Mineral Resource approximation of 4.97 million tons at 0.86 % TREO containing 42,560 tons TREO using a cut-off grade 0.15 % TREO. 58 % of the Total Mineral Resource is classified as Designated Resource, with the balance in the Inferred Resource group.

Statements have been issued "it's not an insignificant piece of equipment. The pilot plant, whilst constructed offsite and installed onsite, it will still have a substantial footprint in terms of all the equipment… In terms of the direct cost announced to the market, has been estimated at $26 million."

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