A mineral exploration company has been commended for its metal project in North Queensland.
The Federal Government has granted major project status for Multicom Resources’ Saint Elmo Vanadium Project near Julia Creek, 622km west of Townsville.
The status recognises the project for making a significant contribution to the nation’s economy and has the benefits of simplifying federal approvals to a single point of entry, providing project support and coordination, and other assistance with obtaining State Government approvals. QMEB can reveal the status is only available to projects with a capital expenditure of $50 million or more.
Saint Elmo involves building a greenfield and shallow open-cut mine capable of producing up to 20,000 tonnes per annum (tpa) of vanadium pentoxide throughout its 30-year lifespan. This will require:
- stripping up to 15 million tpa of soil within an 8882 hectare (ha) area on mining lease application 100162
- a water storage facility and associated pipeline across an 180ha area next to the Flinders River and partially within the Punchbowl Road Reserve
- a run-of-mine and process pad
- road access from the Flinders Highway
- a rail spur into MLA 100162 from the Northern Rail Line
- offices, laboratories and workshops
- a sewerage treatment plant and irrigation area
- a tailings storage facility
- evaporation pond, raw water dam, mine water dam and dirty water storage
- a diesel, gas and solar power station.
Successful trial run progresses $238M metal project
$21B mining project ready to start construction immediately
New contract awarded for part of a $21B coal project
$200M gas project achieves completion in southern Queensland.
600 jobs promised
About 350 construction workers and 250 operational staff will be required. Local jobseekers will be highly desired. None of the positions are advertised yet.
“These new critical minerals projects will deliver new jobs in regional Queensland, and will play a strategic role for Australia in terms of defence industries, manufacturing, trade and regional development,” Queensland Resources Council (QRC) chief executive Ian Macfarlane said in a public statement. “QRC is calling for continued bipartisan support for policies that support the resources sector and help create jobs.”