Western Australian Premier Mark McGowan has introduced legislation to tweak a 1988 mining and processing agreement act, a move that allows American company Tronox to explore new sources of raw material.
Tronox operates three plants in the WA region; Cooljarloo, a mineral sands mine; Kwinana, a titanium dioxide plant; and Muchea, an upgraded ilmenite (UGI) plant.
McGowan’s legislative change will now allow Tronox to pursue new tenements for its Kwinana and Muchea operations, including the potential development of two new mines at Cooljarloo West and Dongara, subject to final decision.
Premier McGowan stated that the variation will give Tronox increased flexibility in the global market
“Tronox’s operations provide a substantial contribution to the state’s economy, including more than 600 direct jobs, over $7 million in annual royalties, and about $250 million spent on local goods and services each year,” he said.
“The integration of Tronox’s operations make it one of our most significant value-adding projects, with the processing of ilmenite into titanium dioxide pigment increasing its value by about 15 times.”