Australian Garnet Lucky Bay Project Feb 2022

Australian Garnet is well advanced in the development of our Lucky Bay Garnet Mine, a fully integrated Mining, Processing, Packaging and Distribution operation located 530km north of Perth.

The mine will produce premium abrasive garnet for sale in Australia and for export to USA, Europe, Asia Pacific and the Middle East.

Product for sale will be available from September 2022.

Lucky Bay Mine
  • Experienced Management Team is in place and recruitment of key operations personnel well advanced.

  • Ore Reserve mine life of 29 years confirmed, with potential to increase further (Entech Mining Consultants Ore Reserve Estimate (JORCCode2012)).

  • Targeting sales of 130,000 tonnes in our first full year of operation.

  • Construction of the mining operations is progressing to plan, with commissioning expected in May 2022.

  • Installation of 4.2MW of wind turbines and 1MW Lithium Battery Storage to power our processing plant, significantly reducing diesel consumption, and reducing our carbon emissions.

  • Customer enquiries for premium quality garnet is strong, with global demand driven by significant investment in infrastructure projects around the world.

We will provide updates on our Lucky Bay Garnet Mine as we prepare for market launch in September 2022.

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