ECONOMYNEXT – Australian mineral sands miner Iluka Resources Ltd. has said it has begun environmental appraisals of its Sri Lankan mineral sands deposits as part of the early stages of preparations to exploit the resource.
The mineral sands producer has said its exploration efforts in the island are in the ‘scoping study’ phase, a preliminary study done early in mining projects based on inferred resources, that precedes a full feasibility study.
“In Sri Lanka, our scoping studies are well advanced,” Iluka Resources Managing Director David Robb said.
The focus was now on engineering and infrastructure aspects as well as on environmental assessments, he told a conference.
The company, one of the world’s biggest producers of minerals sands, had acquired access to a large, sulphate ilmenite deposit in Puttalam on the island’s northwest coast before the ethnic war but left when the war intensified.
Iluka, which produces zircon and rutile used in paints, ceramics and other products, resumed exploration activities in Sri Lanka after the war ended in 2009.
(Colombo/August 20 2015)