ILUKA Resources has announced a $209 million commitment for a mineral sands project near Ouyen, in north-west Victoria.
The company already employs around 135 people at Douglas, with an additional 65 contractors employed, mostly through their mining contractor Abigroup.
Raw products are expected to be trucked for processing to Iluka’s mineral separation plant at Hamilton, before being exported through the Port of Portland.
The second stage of the Murray Basin development is subject to obtaining development approval and an Environment Effects Statement (EES) is currently on public exhibition until 3 April.
The EES process requires that Iluka undertake public consultation and investigate the range of social and environmental issues associated with the proposal.
Provided the project obtains these approvals, production is expected to begin in the first quarter of 2009.
This is the second major new mineral sands project being planned for Victoria.
Donald Mineral Sands also has an EES on public exhibition at present for a proposed mineral sands project worth more than $90 million in capital investment.