MANAGEMENT

Perth sand China bound

SAND miner Strandline Resources has secured a buyer for all the Coburn mineral sand mine’s zircon concentrate product under a binding offtake agreement with Chinese partners Sanxiang Advanced Materials and Nanjing Rzisources.

Coburn is 240km north of Geraldton and immediately south of Shark Bay and just outside the eastern boundary of the Shark Bay World Heritage property.

Coburn is 240km north of Geraldton and immediately south of Shark Bay and just outside the eastern boundary of the Shark Bay World Heritage property.

Under the deal Sanxiang and Nanjing will take all the zircon concentrate produced in Coburn's first seven years, which will account for 22-26% of Coburn's revenue. Coburn is expected to produce 54,000...

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