Strandline Resources has selected Woodside Energy and EDL to provide a renewable power solution for the Coburn mineral sands project in Western Australia.
The miner has executed a proposal with Woodside Energy and EDL to develop a 27-megawatt hybrid gas and renewable power solution over 15 years.
Strandline will capture energy supply cost savings, as outlined in the company’s definitive feasibility study (DFS) in April.
The parties have signed a non-binding proposal for the development of an integrated trucked liquefied natural gas (LNG), storage and power station facility.
Woodside formed a joint venture with EDL to provide clean and affordable LNG to the market.
The world-first trucked LNG to hybrid renewable microgrid project will receive its gas supply from Woodside’s Pluto LNG truck loading facility near Karratha.
Strandline expects the power purchase agreement to finalise over the coming months.
“We are pleased to establish this relationship with Woodside and EDL to provide a turnkey, low-cost fuel supply and generation solution for the Coburn project,” Strandline managing director Luke Graham said.
“The company looks forward to finalising this agreement as well as other major construction and operations contracts over the coming months.”
Strandline is advancing offtake and project financing activities, including a potential debt financing from Northern Australian Infrastructure Facility (NAIF) announced in October.
The Coburn mineral sands deposit hosts zircon and titanium mineral sands products.