Iluka Resources will be recommencing mining and concentrating activities at Jacinth-Ambrosia in December 2017.
This is great news for South Australia.
Iluka initially suspended mining operations at Jacinth-Ambrosia in April 2016 for a proposed 18 to 24 month period, in response to subdued market demand.
Market conditions have improved throughout this suspension period, prompting today’s announcement that operations will re-commence at the end of the year, following a two month lead time for restart.
Iluka will be looking to recruit 40 employees and 60 contractors to support the restart process.
Iluka has taken substantial measures to preserve local employment and development opportunities throughout the suspension at Jacinth-Ambrosia – the organisations was awarded the Premier’s Community Excellence Award for Social Inclusion at the SACOME Together Annual Gala in May.