Bald Hill Lithium and Tantalum Mine explained

Bald Hill Lithium and Tantalum Mine
Pushpin Map:Australia Western Australia
Pushpin Map Alt:Map of Western Australia showing mine site
Pushpin Map Caption:Location in Western Australia
Place:Widgiemooltha
Subdivision Type:State
State/Province:Western Australia
Country:Australia
Products:Spodumene
Opening Year:2018
Owner:Lithco No.2 Pty Ltd
Module:
Stroke-Colour:
  1. C60C30
Stroke-Width:3
Marker:industrial
Marker-Colour:
  1. 1F2F57
Zoom:11

The Bald Hill Lithium and Tantalum Mine is a lithium mine in Australia. It was closed, but is being re-opened for tantalum production. It was operated previously as a tantalum mine by Haddington International Resources.[1] The mine comprises approximately 774 square kilometres in Western Australia's Eastern Goldfields Coolgardie Municipal area. It is located approximately south east of Kambalda and around east of Widgiemooltha.[2] [3]

In 2019 Bald Hill Lithium and Tantalum Mine was funded to production with existing lithium offtake agreements in place with Burwill Holdings, a Hong-Kong based company.[4] However, the mine ceased production in late 2019.[5]

Ownership

The Bald Hill Lithium and Tantalum Mine was jointly owned by Tawana Resources and Alliance Mineral Assets Limited,[6] who merged in 2018.[7] The combined company initially traded as Alliance Mineral Assets, but changed its name to Alita Resources in July 2019. Administrators were appointed in August 2019.[8] The company failed when the mine continued to operate but the offtake partner stopped accepting shipments.[9]

, the mine is owned by Lithco No.2 which, in turn, is indirectly fully owned by Alita Resources. Lithco secured a loan from Yihe Cleantech Material Limited [10]

Reserves and resources

The Bald Hill Lithium and Tantalum Mine has reserves amounting to 11.3e6t grading 1.01% lithium and 160 parts per million tantalum for 114100t in contained lithium and 4order=flipNaNorder=flip of contained tantalum. The increased reserve underpins an initial nine-year mine life. The contained lithium resource is estimated to be 26.5Mt grading 0.96% lithium, 149 parts per million tantalum for 255200t of contained lithium and 8.6order=flipNaNorder=flip of contained tantalum. Additionally, with the ongoing infill drilling program, further upgrades

External links

Notes and References

  1. News: Haddington expected to boost Bald Hill tantalum resource. 2002-01-25. www.miningnews.net. 2018-09-02. en. subscription.
  2. News: Tawana Resources' Bald Hill lithium reserve upgrade underpins nine year mine life, more expected. 2018-06-06. Small Caps. 2018-09-02. en-US.
  3. News: Alliance Mineral Assets doubles its West Australian lithium reserves. Reuters Editorial. U.S.. 2018-09-02. en-US.
  4. Web site: Bald Hill Lithium and Tantalum Mine. mining-technology.com.
  5. Web site: A case for building resilience into Western Australia's lithium industry . June 2020 . Chamber of Minerals and Energy Western Australia . Australian Venture Consultants Pty Ltd . 5 December 2020.
  6. News: Tawana, Alliance achieve commercial lithium production at Bald Hill mine - Australian Mining. 2018-07-31. Australian Mining. 2018-09-02. en-US.
  7. News: Tawana Resources merger with Alliance Mineral Assets becomes effective . Berkay . Erkan . 4 December 2018 . Proactive . 2024-06-02.
  8. Web site: Home . Alliance Mineral Assets . 5 December 2020.
  9. News: Alita Resources (ASX:A40) shareholders to leave with empty pockets . Josh . Smith . The Market Herald . 16 January 2020 . 5 December 2020.
  10. Web site: Shareholder Update – status of Bald Hill Mine . www.allianceminerals.com.au . 14 May 2022.