Sector
Granite Mining
Opportunity
Recommission granite mining and processing
Location
Townsville, Mount Isa, North Queensland, Australia
Investment type
Recommission mines and processing facility
Investment opportunity highlights
The project is at an advanced stage of readiness to begin production almost immediately
Investment required
Stage 1 AUD$1.5 million
Stage 2 AUD$5.5 million
Timeframe
Dependent on investor – mining lease approved and processing facility ready for recommission
Financial information
Available on request
Why invest?
- Major capital equipment for processing already in place
- Granite mining leases approved
- Twelve months supply of large granite blocks already available at the mine sites
- Approximately $1.5 million in partially prepared sawn slabs are on hand at the processing facility
- Staged production plans in place: Stage 1 granite pavers, Stage 2 granite and marble kitchen and bathroom bench tops and accessories
- Mount Isa stones ranked in Top 10 of Group 4 stones in the world
- Strong potential demand in the local and foreign markets for Australian sourced natural stone
- Well-developed business plan
- Local government supports the mining project
Company
Mount Isa to Townsville Economic Development Zone (MITEZ) and Mount Isa City Council (MICC)
Further Information
Glen Graham, MITEZ: E ceo@mitez.com.au W www.mitez.com.au P +61 7 4743 3488
Mount Isa City Council: W www.mountisa.qld.gov.au