Bemax’s core development program is focused on ensuring that the Company builds on and
strengthens its position as a major Titanium feedstock producer while maintaining
flexibility in production to enable the Company to meet changes in the market place and
satisfy customers demands.
This program includes using multi purpose and capacity infrastructure for developments,
the use of which can be varied according to requirements. For example, the key dredge and
wet plant equipment selected for the Ginkgo Mine can, with minor capital expenditure, be
readily modified to operate at rates significantly above those currently required.
Similarly, the upgrade undertaken at the Bunbury Mineral Separation Plant enables it to
treat an increased variety of feedstock in addition to feedstock from the Murray Basin.
Bemax continues to implement and expand a well focused and well
funded exploration program to locate and define further deposits focusing on the
development synergies that will flow from existing infrastructure, including the
Bunbury Mineral Separation Plant and that established for the Murray Basin.
In parallel to the core development program, the Company
maintains a development program to evaluate value adding opportunities to
improve its product line to maximise the dollar value of the feedstock