Friday, 05 October 2018 09:25

Hinda

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Hinda, in the Republic of Congo, is one of the world’s largest undeveloped sedimentary-hosted phosphate reserves with a JORC-compliant mineral resource base totalling 675.8Mt at a grade of 10% P2O5.

Its 32% phosphate rock would be suitable for the production of phosphoric acid, DAP and MAP.

The prospecting licence covers an area of some 260km2 of the country’s coastal basin. The project is permitted, with terms of reference accepted for modifications to ESIA 20.

Hinda is located just 37km from the second-largest city, Pointe Noire, a port city and industrial hub, close to a national freight route and with port capacity.

Some US$47 million has been invested in the project to date, with extensive geological drilling (929 holes), laboratory and pilot scale test work completed.

Hatch Africa has been appointed to update a 2015 definitive feasibility study, for completion in October 2021. The previous study, for a 4Mtpa project indicated favourable economics but at an investment of more than US$600 million.

A phased development approach is now envisaged:
  • Phase 1, targeting initial production of 1Mtpa of phosphate rock for export from Pointe Noire
  • Phase 2, ramping up to 2Mtpa, for export through a new port site, north of Pointe Noire

Hinda has access to water, power and natural gas.

The investment environment in the Republic of Congo is favourable, A renewable 25-year mining licence and MIA has been signed, with significant tax concessions.

Hinda [photo]
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