Emerging heavy mineral sands developer Strandline Resources has executed a 15-year Electricity Supply Agreement (ESA) with Contract Power Australia, a wholly owned subsidiary of Pacific Energy, as it moves forward with its preparations to develop the Coburn mineral sands project in Western Australia.
Under the agreement, which also provides for incorporation of wind turbine and other new generation technology solutions, Contact Power will build, own, operate and maintain (BOOM) the power generation and LNG storage and regasification facilities for the project.
Strandline Managing Director Luke Graham said the Coburn’s power station – to be located near the mineral separation plant – is designed to be suitable for a maximum demand capacity of 15 MW and average consumed power of ~10 MW.
“The execution of this major development and operational contract marked another key step in our strategy to bring Coburn into production as well as establishing an important relationship with Contract Power, a leader in sustainable clean energy generation in Western Australia,” Mr Graham added.
Coburn is located in the low risk, mining focused jurisdiction of WA, 240km north of the established mineral sands export port of Geraldton, with favourable access to global consumers.
Updated Definitive Feasibility Study (DFS) released on 5 June 2020 confirmed the strong outlook for the project, with an exceptional high-value zircon and titanium product suite.
