Tungsten Mining NL has signed an agreement to acquire Pilbara Minerals' Tabba processing plant in Western Australia.
According to the company, the acquisition of the plant for $600,000 will help to accelerate development of Mt Mulgine project with reduced capital expenditure.
The processing plant was specifically built to recover heavy mineral concentrates and allow for the installation of additional modular units. Constructed in 2015, the plant was decommissioned last year after Pilbara halted its tantalum project.
As a result, it was dismantled and stored at Pilbara’s Pilgangoora site south of Port Hedland.
Tungsten Mining NL CEO Craig Ferrier said: "The Mt Mulgine strategic development plan is predicated on a small-scale, low-CAPEX model for the production of tungsten concentrate.
“The opportunity to acquire the Tabba plant will enable Tungsten Mining to rapidly progress to project implementation, delivering a genuine competitive advantage.”
Alongside a ball milling circuit, coarse and fine gravity recovery circuit, the plant comprises dewatering circuit, pipework, all associated hoppers and pumps, electrical and control equipment, modular concrete footings and tailings dam liners.
It has a nameplate capacity of 30t an hour with the option to enhance throughput via optimisation of the existing plant or addition of modules.
The company expects first tungsten concentrate production from Mt Mulgine project within two years.