West Perth-based junior Image Resources remains optimistic about achieving its first production of heavy mineral concentrate by the end of March at its Atlas mineral sands project.
Mineral sands-focused junior Image Resources has secured a $US20 million ($30.1 million) binding offtake agreement with China-based Shantou Natfort Zirconium and Titaniam Corporation.
West Perth-based junior Image Resources has announced construction will begin at its Atlas mineral sands project imminently, as it aims to capitalise on the site’s impressive ore reserves.
West Perth-based Image Resources remains focused on beginning construction at its Atlas mineral sands project later this year, following news the site has received ministerial approval.
Image Resources has launched a $25 million capital raising that will contribute to the construction of its Boonanarring mineral sands project near Gingin, which is targeting production by the end of the year.