Taprobane Minerals Project

Our Taprobane Minerals Project has one of the highest in-situ grades globally and represents Sri Lanka’s most advanced mineral sands development project.

Learn more about the project, extraction process and environmental stewardship.

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108 Sq km

Size of Current Project Area

17.6%

Total Heavy Minerals (THM)

90%

THM Recoveries

17.2 Mt

Initial JORC Resource

75%

Valuable Heavy Minerals

300+

New Jobs Created

>$200m

Royalties and Taxes for Sri Lanka

Grade is Truly King

17.6% THM grade sets project apart from typical 2-5% mineral sands projects, driving increased value and efficiency.
Grade of this magnitude drives:

  • Simplicity
  • Lower CAPEX
  • Lower OPEX
  • Higher plant recovery and grades
  • Reduced environmental footprint

Mine & Plant Construction

  • 2 Initial Industrial Mining Licences issued, additional applications advancing
  • Mineral Technologies and Access Group supporting engineering/design
  • Mineral Technologies to supply ‘off the shelf’ Flex Series Wet Concentrator Plant

Clear Development Strategy

  • Targeting production of 125,000tpa of Heavy Mineral Concentrate for stage 1
  • Stage 1 capex just US$17.7 million to become self-funding
  • Project funding advancing – debt/equity; strategic industry investors and offtakers
  • Mineral Separation Plant concept study with Mineral Technologies complete for potential acceleration of the MSP stage

Resource Upside

  • 2025 drilling confirmed consistent high grades and a 3.2x mineralisation surface area increase in the Initial Mining Area alone
  • 15x increase in Mineral Resource Estimate tonnes for the Initial Mining Area
  • Further increases expected through ongoing drilling programmes

Grade is Truly King

17.6% THM grade sets project apart from typical 2-5% mineral sands projects, driving increased value and efficiency.

Grade of this magnitude drives:

• Simplicity
• Lower CAPEX
• Lower OPEX
• Higher plant recovery and grades
• Reduced environmental footprint

Mine & Plant Construction

• 2 Initial Industrial Mining Licences issued, additional applications advancing

• Mineral Technologies and Access Group supporting engineering/design

• Mineral Technologies to supply ‘off the shelf’ Flex Series Wet Concentrator Plant

Clear Development Strategy

• Targeting production of 125,000tpa of Heavy Mineral Concentrate for stage 1

• Stage 1 capex just US$17.7 million to become self-funding

• Project funding advancing – debt/equity; strategic industry investors and offtakers

• Mineral Separation Plant concept study with Mineral Technologies complete for potential acceleration of the MSP stage

Resource Upside

• 2025 drilling confirmed consistent high grades and a 3.2x mineralisation surface area increase in the Initial Mining Area alone

• 15x increase in Mineral Resource Estimate tonnes for the Initial Mining Area

• Further increases expected through ongoing drilling programmes

Physical mining and processing only – no blasting, no chemicals, continuous rehabilitation.

3D model for Wet Concentrator Plant