Image Resources NL is pleased to provide an update on its activities for the quarter ending 31 March 2025. CEO Patrick Mutz commented: "CY2025 is shaping up to be a milestone year for Image Resources, with a return to mining and HMC production at Atlas in Q1, forecast achievement of positive operating cash flow in Q2, and targeting repayment of the HMC Offtake Prepayment Facilities by the end of CY2025. "I would like to [...]
Image Resources NL is pleased to advise it has completed the first sale and shipment of heavy mineral concentrate from the Company's 100%-owned Atlas mineral sands project , located 170km north of Perth in the Dandaragan Shire. HIGHLIGHTS - First shipment/sale of heavy mineral concentrate from Atlas project completed under continuing off-take agreement from Boonanarring - Bulk shipment of nominal 10k wet tonnes of HMC [...]
Image Resources NL is pleased to advise it has commenced transport of heavy mineral concentrate from the Company's 100%-owned Atlas mineral sands Project , located 170km north of Perth in the Dandaragan Shire. HIGHLIGHTS - Transport of heavy mineral concentrate from Atlas project to interim storage in Geraldton commenced 12 March 2025 - First shipment of HMC product scheduled for April 2025 - Project commissioning [...]
Image Resources NL is pleased to announce it has achieved first heavy mineral concentrate production as part of the project commissioning process commenced in early February at the Company's 100%-owned Atlas mineral sands project , located 170km north of Perth in the Dandaragan Shire. HIGHLIGHTS - First heavy mineral concentrate production achieved at Atlas, as part of early-stage project commissioning - Atlas project [...]
Image Resources NL is pleased to provide an update on its activities during the December 2024 quarter. Atlas Project - Self-funded construction at Atlas substantially advanced following finalisation of Groundwater Operating Strategy and receipt of water licences in October. - Despite the loss of a week of construction time due to site evacuation for bushfires that burned through Dandaragan Shire and Atlas project area in [...]
Image Resources NL advises construction progress remains on track for commencement of commissioning and first heavy mineral concentrate production in Q1 2025 at the Company's 100%-owned Atlas mineral sands project located 170km north of Perth in the Dandaragan Shire. HIGHLIGHTS - Atlas construction on track for project commissioning in Q1 2025 - Drawdown initiated on US$20M HMC Prepayment Facility - Atlas now fully funded [...]
Image Resources NL is pleased to advise of only minimal impacts from the bush fires that on 27 November 2024 burned through the Company's 100%-owned Atlas mineral sands project located 170km north of Perth in the Dandaragan Shire. HIGHLIGHTS - Atlas Project recently threatened on all sides by bush fires impacting more than 70,000 hectares of mainly native bush in Shire of Dandaragan - Non-essential personnel were [...]
Image Resources NL is pleased to provide an update on its activities completed during the September 2024 quarter. HIGHLIGHTS Atlas Project - Commencement of construction at Atlas was accelerated after all required approvals were received during the quarter. - Atlas accommodations camp construction was completed in September. - Dismantling of Boonanarring wet concentration plant and associated equipment completed in [...]
Image Resources NL is pleased to announce the execution of a binding heavy mineral concentrate offtake prepayment facility for US$20 million with Chinese offtake partner Shantou Natfort Zirconium and Titanium Co., Ltd, in relation to Image's 100%-owned Atlas mineral sands project located 170km north of Perth in the North Perth Basin. HIGHLIGHTS - Image secures binding US$20M Offtake Prepayment Facility with keyChinese [...]
Image Resources NL is pleased to announce the finalisation of its Ground Water Operating Strategy and the receipt of 5C water licenses for water abstraction and mine dewatering at its 100%-owned Atlas Mineral Sands Project located 170km north of Perth in the North Perth Basin . Finalisation of the GOS and receipt of water licences were the final permitting milestones for Atlas and pave the way for accelerated project [...]
Image Resources NL aspires to a philosophy of sustainable generation of value for its shareholders, employees and all its stakeholders in the communities in which it operates as a growing producer and supplier of critical minerals into global markets. We view value generation as a critical component of sustainability, and we strive for continuous improvement in managing and minimising our impacts on the local areas in [...]
Image Resources NL finished the half year ended 30 June 2024 effectively debt-free, and with A$34.2m in cash and cash equivalents . The Atlas mineral sands project is 100% -owned and was included as part of Image's Boonanarring/Atlas BFS published in 2017 and was contemplated to be mined after all available Ore Reserves at Boonanarring were mined out and ore processing was completed. Fi nal ore processing at Boonanarring [...]
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