Detailed Project Brief

Recently Indo Mines Ltd acquired the rights to earn a 70% interest in the Yogyakarta Ironsands – Pig Iron project in Indonesia, following the relevant approvals and due diligence.
The Ironsands deposit was initially drilled by PT Aneka Tambang in the 1970's and early 1980's. On the basis of this drilling and subsequent test-work, feasibility studies completed by Lurgi and Davy McKee in 1985 reported a large ironsand deposit containing titano-ferrous magnetite over a 22 km by 1.5 km wide strip of coastal plain.
The ironsands deposit at Yogyakarta will be used as the basis for the establishment of a pig iron making facility at Yogyakarta to provide feedstock for regional steel producers.
The location of the beneficiation and pig iron plant at Kulon Progo will be in the Yogyakarta Province. This location is nominated due to its strategic position – close to raw material sources, the availability infrastructure and other required utilities – power, water, rail and harbour.
Proposed initial capacity of 300,000 Tonne/year of Pig Iron During the feasibility study options will be evaluated to increase pig iron production capacity produce and to produce additional ironsands concentrate for direct export sale.
Apart from ironsand as its raw material, the project requires other supporting materials such as coal and limestone, all of which are available within close proximity in Indonesia.

Feasibility Study - Managed by Outokumpu

Resource Definition
Mining Development
Test Work
Process Plant including Beneficiation / Multiple Hearth Furnace / Kiln Reduction and Ti & V slag removal
Local infrastructure / fabrication / construction
Environmental