Group 6 Metals (G6M) has successfully produced its first tungsten concentrate at the G6M’s Dolphin Tungsten Mine at Grassy. Construction of the process plant is nearing completion, with performance testing under way to achieve 400,000tpa processing capacity.
Group 6 Metals Managing Director and Chief Executive Officer, Keith McKnight, said production of the first concentrate at the Dolphin Tungsten Mine is another significant milestone for Group 6 Metals and is a credit to the hard work and dedication of our site team and contractors.
The process plant has been running 24 hours a day for the past week, processing lower-grade commissioning ore. The team will now turn their focus to performance testing to increase throughput, grade and recovery.”
Tungsten is a critical mineral used in a variety of applications, including steelmaking, mining, construction, electronics and defence. The global demand for tungsten is expected to grow significantly in the coming years, driven by demand from the construction, mining, defence sectors and new applications in the battery and technology sectors.
The commencement of production at the DTM is a significant milestone for Group 6 Metals thus positioning it to capitalise on the increasing demand for tungsten and becoming a leading producer of tungsten concentrate.
“The tungsten price has remained strong over the past 12 months supported by increased demand, supply disruptions from two of the largest producers in China and Russia and global inflationary pressures which has led to higher prices for raw materials, including tungsten,” Mr McKnight said.