Two major projects are currently underway; Tshipi Manganese Mine and the Central Yilgarn Iron projects.
Tshipi Manganese Mine - Overview
Tshipi é Ntle Manganese Mining (Pty) Ltd (Tshipi) operates the Tshipi Borwa mine, an open pit manganese mine in the Kalahari Manganese Field (KMF) located in the Northern Cape of South Africa.
Approximately 80% of world's known economic manganese resources are contained in the Kalahari manganese field in South Africa. The open-cut mining operation is located just north of Sishen and is adjacent to South 32's large open-cut Mamatwan mine that has been operating for decades.
Jupiter's Tshipi manganese ore is shipped to multiple customers around the world and based on Jupiter's sales experience has been a highly sought-after product in the market place.
The Tshipi Mine exported 3.34 million tonnes of manganese ore in FY18 and production has been steadily growing over recent years. It has the flexibility to scale production between 3.0 - 3.6Mtpa.
Tshipi continues to be one of the largest and lowest cost manganese exporters globally. Strong cash margins throughout the cycle and further cost reductions are being targeted.
Tshipi's transport infrastructure is considered one of the best in the entire Kalahari manganese field. Tshipi has the potential to load trains faster than any manganese operation in South Africa.
The ownership of the Tshipi Borwa manganese mine is as follows:
For further information, please visit Tshipi's website http://www.tshipi.co.za
Central Yilgarn Iron Ore Project
The Central Yilgarn Iron Ore Project (CYIP), located approximately 110km northwest of Menzies, provides Jupiter with exposure to several 100% Company owned iron ore exploration prospects in close proximity to established road and railway infrastructure. The CYIP covers approximately 490 square kilometres and consists of two project areas; Mount Ida and Mount Mason.
Figure 1: Projects Location
Scoping Studies completed in 2011 on the Mount Ida Magnetite Project and the Mount Mason DSO Hematite Project indicated that the projects were financially robust. Both projects are planned around existing infrastructure in the region, including the Leonora to Esperance railway line, and the Port of Esperance.
Jupiter completed the Mount Mason Feasibility Study in Q1 2012, with further optimisation work undertaken in 2014, until the project was suspended due to economic conditions and infrastructure access, and placed into care and maintenance. The Mount Ida Feasibility Study commenced in Q2 2012 and was based on annual production of 10 million tonnes a year of beneficiated magnetite grading +68% Fe. Work on the Mount Ida Feasibility Study was suspended in 2012 also due to economic conditions and infrastructure access, and remains under care and maintenance.