Potash developer Avenira has announced an independent mineral resource estimate (MRE) of 66-million tonnes at 30% phosphorus pentoxide at its Wonarah deposit, in the Northern Territory. Avenira told shareholders on Wednesday that the independent assessment had reinforced the deposit’s potential to support a direct shipping ore (DSO) operation and downstream processing opportunities, such as yellow phosphorous, thermal phosphoric acid and lithium iron phosphate.
PERTH – Potash developer Avenira has announced an independent mineral resource estimate of 66-million tonnes at 30% phosphorus pentoxide at its Wonarah deposit, in the Northern Territory.
“The identification of high-grade zones within the Wonarah MRE cements its position as Australia’s largest known high-grade phosphate deposit. It also underpins the strategic significance of Wonarah to the agricultural and rapidly growing battery chemistry industries,” said Avenira executive chairperson“The high grade and long life of the Wonarah deposit provide us with great flexibility and confidence as we pursue our DSO project and other downstream ventures.
An earlier scoping study evaluated the economics of an LFP CAM project at Wonarah, based on two initial scales for the LFP plant, at 100 000 t/y LFP CAM and 30 000 t/y LFP CAM, with both scenarios demonstrating solid financial robustness.
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