BULKS

WAK begins Wickepin construction

Footings laid for first modern kaolin plant in the west

 The footings for the stage one plant

The footings for the stage one plant

The project, some 220km south east of Perth, is ultimately looking at scaling up to 600,000 tonnes per annum of high-purity kaolin.
 
Stage one is expected to ramp up to 200,000tpa by mid-2022 at a cost of $18 million.
 
CEO Andrew Sorensen said crews and equipment were on the ground, with the construction project expected to shift into high gear next month.
 
Steel frame construction firm Auspan is on site with almost 100t of structural steel already delivered and, with the concrete batching plant established, work has commenced on the footings and the slab.
 
The 25tph plant is scaling up a 5tph demonstration plant at Kwinana that has desriked the company's K99 dry processing process.
 
Based on trial production, WAK has lined up indicative offtake agreements for around 80% of output over its first three years. 
 
The company has invested more than $40 million as a private concern since acquiring the 653Mt Wickepin kaolin deposit from Rio Tinto in 1999. 
 
It says Wickepin is one of the world's largest and best remaining primary resources of kaolin that can offer a bright, white, high-quality material with expectations its K99 process will deliver low operating costs of $221/t, compared with expected sales pricing of $316/t. 
 
WAK listed raised at 20c per share to list in November and was steady at 18c today, valuing the company at $51 million.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.