Project overview
About this development
The Xolobeni project is regarded as one of the largest undeveloped mineral sands resources in the world, containing more than nine-million tons of ilmenite. The proposed Xolobeni mineral sands project will be a dry-mining operation as the area being mined is relatively small. Between 13 million tons a year and 15 million tons a year of minerals is expected to be mined. A previously conducted mining study had concluded that the Xolobeni mineral sands is economically viable with a mine life of about 22 years. The project will cost an estimated R1.8-billion to implement. The exact co-ordinates are currently not available however the approximate area of location is lat: -31.1802795; long: 30.0988490.
Project at a glance
Xolobeni Mineral Sands Project is located in Eastern Cape. The project is classified in the Private sector. Its current recorded stage is Cancelled. The recorded project value is R 200 Million+.