Back in September 2014, following the successful completion of a Scoping Study, Engenium completed a Definitive Feasibility Study for Eastern Iron’s Nowa Nowa Iron Project located approximately 7km north of the township of Nowa Nowa in East Gippsland, Victoria.
The project included an open pit mining operation, crushing and screening plant with dry LIMS, non-process infrastructure, road haulage, and export of the product through an existing port which required modification to support the export of iron ore.
Following its completion, a decision was made not to proceed with the use of the existing port facility to export the iron ore. This led to the study being put on hold pending an examination of alternative transport and shipping options.
Fast forward to April 2021 and Engenium, now Stantec has been appointed as the Project Manager to update the study, following an internal review by Eastern Iron. This update will be based on the production of a Direct Shipping Ore with 50% iron magnetite content and will include key components such as geology and mineral resource, metallurgy test work, mining, processing, infrastructure, logistics, port, operations management, capital and operating cost estimation, and financial analysis.
Subject to a favourable study update, Eastern Iron is progressing the permitting and approvals process in parallel to ensure rapid development of the project.
Engenium, now Stantec look forward to working with Eastern Iron on this project and assisting them with successfully developing Victoria’s only iron ore mine.
For more information, please visit the Eastern Iron website.