Wuudagu Project
Near-term bauxite export operation producing an attractive low silica product
Key Highlights
High-grade, low-silica bauxite resource
More attractive to end users than typical Australian bauxite
10+ year mine life
Supported by 59Mt Reserve at Wuudagu C
Industry-leading mine to customer logistics
Providing a structural cost advantage
Significant Exploration Upside
With over 50% of target areas undrilled
The 100%-owned Wuudagu Project is a high-grade, low-silica bauxite near-term bauxite export operation in Northern Western Australia, located on Wunambal Gaambera country approximately 15km to the west of Kalumburu. Wuudagu will produce a high-grade, versatile product from an efficient and cost-effective surface mining operation boasting industry-leading mine-to-customer logistics.
Strong PFS Results February 2025
PRE-TAX NPV
A$821M
PRE-TAX IRR
136%
PAYBACK PEROID
16MONTHS
PRODUCTION
3.5MTPA
INTERNAL MINE LIFE
1OYRS
CAPEX
A$125M
AVG. PRICE
US$65/T CFR / A$93/T CFR
AISC
A$54/T CFR
AVG. EBITDA
A$143M
Average Product Grade 45.4% Al2O3 & 3.6% SiO2
Low silica content and high alumina to silica ratio desirable to end users
Significant Exploration Upside
Over 50% of Wuudagu remains undrilled