The Albany project consists of 5 exploration license applications covering a total of 761km2 and is 100% owned by ASQ. The Albany project covers ground that is adjacent to the existing Austsand Mining operation which produced and exported around 240,000 tonnes of SiO2 sand using the existing CBH bulk grain ship loading facility at the Albany Port in 2016. Austsand is owned by the Japanese trading houses Tochu Corporation, Toyota Tsusho Corporation and shipping partner Tsuneishi Holdings. It is understood that the sand is exported to Korea and Japan and is being used in glass industries including the TFT and LCD industries.
Aerial view of Austsand Operation
The company is assessing various target areas with specific reference to accessibility, distance to port and currently evaluating various ship loading options to load silica via the bulk shiploading facilities from the Albany Port.
Albany Port with shiploader