Resource Development Group

Resource Development Group Limited provides diversified services to the resource, infrastructure and energy sectors within Australia and internationally.

 

RDG's main operating subsidiary, Centrals provides a 'whole of project' contracting service offering.

 

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Atlas Engages Engenium for Turner River Hub DFS

Atlas Iron has engaged Engenium to be Study Managers for the Turner River Hub Project Definitive Feasibility Study.

The award follows a successful Pre-feasibility study which supports Atlas Iron’s plans to establish a centralised processing and haulage point.

“We are again pleased to be associated with another Atlas package and look forward to the delivery of the study report in 2011,” said Engenium’s Managing Director, Mike Begley.

The Hub would have an annual capacity of 10 million tonnes and will play a key role in Atlas’ plan to double its production from six million tonnes a year this Christmas to 12 million tonnes a year by 2012.   It will also deliver substantial economies of scale, thereby reducing per unit costs, and bring the benefits of blending ore types from multiple sources, including optimum prices and longer mine lives.  The ore for the Hub would be sourced from Atlas’ Wodgina, Abydos and Mt Webber iron ore projects.   Ore from Atlas’ current mine, Pardoo, will not be processed at the Hub but will continue to account for about two million tonnes per annum.

Founded in 2003, Engenium’s first contract was with Atlas Iron and has since added a list of iron ore juniors to its Clientele.  “We are really proud of what we have achieved with Atlas Iron”, said Mr Begley.  “We helped Atlas through their journey from an explorer into the fourth largest producer of iron ore in the Pilbara Region.”  In addition to Atlas’ operating Pardoo mine, Engenium have undertaken several feasibility studies for Atlas Iron including the Ridley Magnetite project for which Engenium were a finalist for an Engineering Excellence Award in 2009.

“I think we are starting to develop a reputation in Australia for helping turning explorers into mining companies,” said Mr Begley.  “The team has built a good track record in working with juniors to fast track their DSO projects into production.  In most cases, our clients want to generate cash-flow as soon as possible and we help them work out the best way to deliver that objective.  Usually this is from the concept stage through to handing over an operating mine.”

Engenium’s credentials include a “who’s who” of the iron ore corporate sector including BC Iron, Golden West Resources, Brockman Resources, Centrex Metals and numerous upcoming juniors looking to develop new mines across Australia.

 

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