Strandline announces key product logistics contract for its Coburn mineral sands project

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Emerging minerals sands producer Strandline Resources has executed a long?term haulage and logistics services agreement with Qube Bulk in preparations for production  at the Coburn mineral sands  project in Western  Australia.

The long?term product transport and storage services agreement with Qube follows the previously announced 10-year port access and services agreement with the Mid West Ports Authority, which operates the Port of Geraldton in WA.

Strandline said Qube’s scope of works comprises a turn?key logistics solution from mine?to?ship, including operating the haulage fleet, product storage facilities at Geraldton and coordinating ship loading activities.

According to the company’s statement, Qube is now preparing its Narngulu storage facility and existing Berth 4 port storage facility and trucking fleet ready for first cargo later next year.

Strandline Managing Director Luke Graham said the execution of this key product logistics contract marked another crucial step in the Company’s strategy to become a leading high?margin producer of critical minerals, with Coburn on 12-month countdown to first production on track to achieve first production in the December quarter, 2022.

“We are delighted  to  establish this long?term  relationship  with  Qube, a leading  logistics provider across Australia and a well?established operator in the mid?west region of WA,” Mr Graham said.

“Securing the strategic storage at port berth?side for most of Coburn’s  product  volume  is  a significant advantage, resulting in extra flexibility and cost efficiencies.

“This agreement, when combined with the previously announced operational contracts, including for the contract mining services, supply of electricity, LNG, fuel and facilities management on site, means Strandline has already locked?in ~65% of its forecast operating costs in line with the assumptions contained in the Coburn DFS.”

Image credit: http://www.strandline.com.au/irm/PDF/4059a020-3385-4e19-9ac1-721ba33ccb08/CoburnProjectProductLogisticsServicesContractAwarded