Bald Hill Mine, Western Australia

  • Lithium concentrate production at Tawana’s 50%-owned Bald Hill Lithium and Tantalum Mine, WA commenced in March 2018
  • First shipment of lithium concentrate expected in April 2018 and then monthly
  • Tawana and AMAL ramping up lithium production while recommissioning tantalum circuits and designing Stage 2 lithium fines circuit
  • Bald Hill has an Indicated and Inferred Mineral Resource of 18.9Mt at 1.18% Li2O and 149ppm Ta2O5 at a 0.5% Li20 cut-off
  • Probable Reserves of 4.3Mt @ 1.18% Li2O and 208ppm Ta2O5, with additional Probable tantalum Reserves of 1.4Mt at 317ppm Ta2O5; Reserve upgrade expected April 2018
  • Bald Hill comprises: four mining leases, 16 exploration/prospecting licences and five applications totalling 774km sq., excellent existing infrastructure including an operating tantalum plant, camp and machinery and is permitted for operation
  • Bald Hill has significant exploration upside; Tawana plans infill and extensional drilling for 2018.

    Tawana and Singapore Exchange-listed Alliance Mineral Assets Limited (AMAL) co-own the Bald Hill Mine, with each holding a 50% interest in minerals, processing plant and infrastructure at the project. Bald Hill commenced production of lithium concentrate in March 2018.

    Tawana expects the first shipment of lithium concentrate in April 2018 as part of an offtake deal with Burwill Commodity Ltd, which is in a JV with lithium industry specialist Jiangte Special Electric Motor Co. Ltd. Monthly shipments are expected to follow.

    Tawana and AMAL are now focused on achieving steady state production from the Stage 1 DMS circuit and optimising lithium yields. The JV is also working on completion of the Stage 2 lithium fines circuit design and re-commissioning the existing tantalum circuits at Bald Hill.

    Bald Hill has significant exploration upside, as the resource remains open in all directions. Tawana has planned infill and extensional drilling for 2018, and an Ore Reserve upgrade is expected in April 2018.