{"id":1267,"date":"2016-02-17T10:00:50","date_gmt":"2016-02-16T23:00:50","guid":{"rendered":"http:\/\/www.bnmme.com.au\/?p=1267"},"modified":"2016-02-17T10:00:50","modified_gmt":"2016-02-16T23:00:50","slug":"1267","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2016\/02\/17\/1267\/","title":{"rendered":""},"content":{"rendered":"

\"jacinth_IlukaResources\"Iluka Resources is set to mothball the Jacinth-Ambrosia mine in South Australia, with 33 jobs to be cut.<\/p>\n

The mineral sands mine will be shut down for 18 to 24 months, starting on April 16.<\/strong><\/p>\n

Iluka managing director David Robb said the remaining 46 positions at the mine would be retained or redeployed.<\/p>\n

\u201cThe suspension is consistent with Iluka\u2019s shareholder focused objective in that it will improve cash flow available for shareholders at a time of subdued market demand while also contributing to an improvement in zircon market dynamics as demand recovers,\u201d he said.<\/p>\n

\u201cInevitably, there will be further job losses associated with contractors and support services to the operation.\u201d<\/p>\n

Robb said the company would work with local and state government to coordinate the transition arrangements.<\/p>\n

The Jacinth-Ambrosia deposit was discovered in 2005, and has the capacity to supply 25 to 30 per cent of the world\u2019s zircon demand.<\/strong><\/p>\n

Robb said Iluka had altered production at the plant to operate at full capacity for maximum efficiency and to build stockpiles.<\/p>\n

Concentrate stockpiles at Jacinth-Ambrosia are now at 800,000 tonnes, and will be processed at Iluka\u2019s plants in Western Australia and Victoria.<\/p>\n","protected":false},"excerpt":{"rendered":"

Iluka Resources is set to mothball the Jacinth-Ambrosia mine in South Australia, with 33 jobs to be cut. The mineral sands mine will be shut down for 18 to 24 months, starting on April 16. Iluka managing director David Robb said the remaining 46 positions at the mine would be retained or redeployed. \u201cThe suspension … Continue reading “”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6],"tags":[],"class_list":["post-1267","post","type-post","status-publish","format-standard","hentry","category-mines-and-quarry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/s83F9T-1267","jetpack-related-posts":[{"id":586,"url":"https:\/\/yinghuiinternational.com\/index.php\/2014\/11\/21\/free-trade-agreement-means-more-chinese-work-visas\/","url_meta":{"origin":1267,"position":0},"title":"China agrees to drop import tariffs on Australian resources","author":"yinghui","date":"November 21, 2014","format":false,"excerpt":"The mining sector has welcomed a new free-trade agreement (FTA) signed with China yesterday; a deal that was 10 years in negotiations which will lift export tariffs and provide for the importation of Chinese labour. 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