May/June 2013 - The ASIA Miner
May/June 2013 - The ASIA Miner
May/June 2013 - The ASIA Miner
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Vietnam<br />
THE first ferrotungsten product was lifted at<br />
Hazelwood Resources’ ATC Ferrotungsten<br />
Project near Vinh Bao during the evening shift<br />
on April 11, <strong>2013</strong>. This milestone was achieved<br />
within the plant’s hot commissioning<br />
schedule and first revenue was expected by<br />
the end of April. Stage one of the ATC Ferrotungsten<br />
Project has an annual nameplate<br />
capacity of about 4000 tonnes of ferrotungsten<br />
alloy, equivalent to 3000 tonnes of contained<br />
tungsten (at 75% minimum tungsten<br />
content). It is the largest ferrotungsten plant<br />
outside China and the design is believed to<br />
be the most advanced in the world.<br />
Following construction of the ATC Ferrotungsten<br />
Project in 2011/12, Hazelwood’s<br />
subsidiary, Asia Tungsten Products (ATC) finalized<br />
preparations for production by securing<br />
all necessary raw materials and<br />
inventories. Hot commissioning commenced<br />
at the start of April and by mid-April the operations<br />
entered the production phase.<br />
<strong>The</strong> challenging production process, which<br />
occurs at greater temperatures than other<br />
ferroalloy processes, was successfully implemented<br />
by the experienced team of engineers.<br />
<strong>The</strong> performance of the new furnace<br />
has been in line with expectations.<br />
All ferrotungsten produced shall be distributed<br />
under a sales agency agreement with<br />
Wogen Resources, which has been involved<br />
ATC plant produces first ferrotungsten<br />
in the trade of minor metals for more than 40<br />
years. It will distribute the product to existing<br />
network of customers. Outside of China,<br />
there is limited production capacity for the<br />
master alloy, which is used in the production<br />
of high speed steels, tool steels and temperature<br />
resistant alloys.<br />
<strong>The</strong> ATC Ferrotungsten Project was constructed<br />
under-budget and represents a capital-efficient<br />
entry into specialty metal<br />
production with the opportunity to launch into<br />
other downstream processing ventures.<br />
Hazelwood is an emerging specialty metals<br />
producer with a majority stake in the ATC<br />
project. Starting as a refining operation that<br />
utilizes externally sourced feedstock, there is<br />
potential for integration with Hazelwood’s<br />
proposed Big Hill tungsten deposit in Western<br />
Australia. Big Hill is an advanced project<br />
with an open pittable 12-year JORC ore reserve<br />
and is capable of producing an exceptionally<br />
pure tungsten feedstock.<br />
<strong>The</strong> furnace lighting ceremony to mark the start of hot commissioning at Hazelwood Resources’ ATC Ferrotungsten Project.<br />
Ban Phuc on track for <strong>June</strong> commissioning<br />
CONSTRUCTION of Asian <strong>Miner</strong>al Resources’<br />
(AMR) Ban Phuc Nickel Project continues<br />
to progress rapidly towards the <strong>June</strong><br />
<strong>2013</strong> target commissioning date. In particular,<br />
the ball mill, the last piece of major equipment,<br />
is now mounted on site. <strong>The</strong><br />
construction of the tailings storage facility<br />
continues ahead of schedule and is expected<br />
to be completed in <strong>May</strong> <strong>2013</strong>, as planned.<br />
AMR has retained an Australian mining contactor<br />
to ensure efficient commencement of<br />
mining at the project. <strong>The</strong> mining contractor is<br />
mobilizing equipment and personnel to the Ban<br />
Phuc site, and mining operations were scheduled<br />
to recommence by the end of April. Due<br />
to the existing underground infrastructure already<br />
in place at Ban Phuc, mining is immediately<br />
focusing on production of nickel ore<br />
ready for commissioning of the process plant.<br />
<strong>The</strong> project is 160km northwest of Hanoi<br />
in the Son La Province, which is 90%-<br />
owned by AMR’s subsidiary Ban Phuc Nikkel<br />
Mines LLC. AMR is also making pleasing<br />
progress with obtaining key remaining permits,<br />
including:<br />
• <strong>The</strong> approval of the updated project feasibility<br />
study by the Ministry of Industry and Trade;<br />
• <strong>The</strong> approval of the company’s updated<br />
environmental impact assessment and environmental<br />
remediation and rehabilitation<br />
plan by the Ministry of Natural Resources<br />
and Environment; and<br />
• <strong>The</strong> issuance of the water use permit for the<br />
Ban Phuc project by the Son La Department<br />
of Natural Resources and Environment.<br />
<strong>The</strong> recent receipt of these approvals demonstrates<br />
the ongoing support received by<br />
AMR from the Government of the Socialist<br />
Republic of Vietnam.<br />
<strong>The</strong> company’s CEO Simon Booth says,<br />
“We are extremely pleased with the ongoing<br />
progress of the Ban Phuc Nickel Project towards<br />
production. In particular, the selection<br />
of an experienced mining contractor significantly<br />
de-risks a key element of the operations.<br />
In addition, the ongoing high-level of<br />
support AMR has received from both the<br />
central and provincial bodies of the Government<br />
of Vietnam, as well as the continued<br />
support of its major shareholders have been<br />
highly encouraging.”<br />
<strong>May</strong>/<strong>June</strong> <strong>2013</strong> | <strong>ASIA</strong> <strong>Miner</strong> | 35