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Released August 07, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Australia claims the lion's share in global spending for on lead and zinc-ore project starts and finishes. Industrial Info is tracking 46 projects worldwide, worth $2.94 billion, that are expected to start or finish during the remainder of 2017; Australia has eight projects totaling $972 million. China and Greenland fall behind, with 24 projects totaling $842, and one worth $429 million, respectively.
Australia has the most expensive lead and zinc venture for the remainder of the year: Minerals and Metals Group (MMG) Limited's construction of the $429 million Dugald River zinc-lead-silver mine and processing plant in Cloncurry, Queensland, which kicked off in 2016. MMG will construct a mine and a 1.7 million-ton-per-year (T/yr) processing plant to produce zinc, lead and silver concentrate. The project anticipates completion by late October 2017. For more information, see Industrial Info's project report.
Although Greenland comes in third in lead and zinc spending for the remainder of the year, it is set to be the site of the second-most expensive project: Ironbark Zinc Limited's $429 million citronen mine & process plant in Thule, Nordgronland, which is undergoing permitting for an anticipated September launch. Ironbark plans to construct an underground room and pillar mining operation, with a flotation/dense media separation plant, to produce 185,000 T/yr of zinc and 10,000 T/yr of lead over a 14-year mine life. Completion is expected by June 2020. For more information, see Industrial Info's project report.
Qinghai Hongxin Mining Industry Company Limited, a subsidiary of CHALCO Yunnan Copper Company Limited, is set to complete structural erection for China's most expensive lead and zinc project for the rest of 2017: the $193 million first phase of the Niukutou lead/zinc polymetallic ore mine and concentrator in Golmud, Qinghai. Completion is expected by the end of next month For more information, see Industrial Info's project report.
Also in China, Xinjiang Hetian Guanghui Zinc Industry Company Limited, a subsidiary of Xinjiang Guanghui Industrial Investment Group Company Limited, is expected to kick off its $114 million Hetian Huoshaoyun lead-zinc ore mine and concentrator this month in Hotan, Xinjiang, this month. The company plans to complete the open-pit mine and concentrator by mid-December 2019. For more information, see Industrial Info's project report.
Also set to kick off this month is Heron Resources Limited's $105 million restart of the Woodlawn zinc-copper tailings retreatment & processing plant in Goulburn, New South Wales. Heron is set to retreat ore from the tailings dams and restart the 1.5 million T/yr processing plant. Afterward, Heron Resources plans to restart the mine and construct a tailing storage facility. A 300-meter access road will be constructed to link the site with the sealed collector road. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
Australia has the most expensive lead and zinc venture for the remainder of the year: Minerals and Metals Group (MMG) Limited's construction of the $429 million Dugald River zinc-lead-silver mine and processing plant in Cloncurry, Queensland, which kicked off in 2016. MMG will construct a mine and a 1.7 million-ton-per-year (T/yr) processing plant to produce zinc, lead and silver concentrate. The project anticipates completion by late October 2017. For more information, see Industrial Info's project report.
Although Greenland comes in third in lead and zinc spending for the remainder of the year, it is set to be the site of the second-most expensive project: Ironbark Zinc Limited's $429 million citronen mine & process plant in Thule, Nordgronland, which is undergoing permitting for an anticipated September launch. Ironbark plans to construct an underground room and pillar mining operation, with a flotation/dense media separation plant, to produce 185,000 T/yr of zinc and 10,000 T/yr of lead over a 14-year mine life. Completion is expected by June 2020. For more information, see Industrial Info's project report.
Qinghai Hongxin Mining Industry Company Limited, a subsidiary of CHALCO Yunnan Copper Company Limited, is set to complete structural erection for China's most expensive lead and zinc project for the rest of 2017: the $193 million first phase of the Niukutou lead/zinc polymetallic ore mine and concentrator in Golmud, Qinghai. Completion is expected by the end of next month For more information, see Industrial Info's project report.
Also in China, Xinjiang Hetian Guanghui Zinc Industry Company Limited, a subsidiary of Xinjiang Guanghui Industrial Investment Group Company Limited, is expected to kick off its $114 million Hetian Huoshaoyun lead-zinc ore mine and concentrator this month in Hotan, Xinjiang, this month. The company plans to complete the open-pit mine and concentrator by mid-December 2019. For more information, see Industrial Info's project report.
Also set to kick off this month is Heron Resources Limited's $105 million restart of the Woodlawn zinc-copper tailings retreatment & processing plant in Goulburn, New South Wales. Heron is set to retreat ore from the tailings dams and restart the 1.5 million T/yr processing plant. Afterward, Heron Resources plans to restart the mine and construct a tailing storage facility. A 300-meter access road will be constructed to link the site with the sealed collector road. For more information, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
