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Broken Hill Prospecting Limited (BPL) is a mining and exploration company that is seeking to develop the significant Pyrite Hill, Big Hill and Railway cobalt deposits located 25 kilometres south-west of the world famous mining centre of Broken Hill in western New South Wales.
Broken Hill 勘探有限公司 正在寻求开发位于在新南威尔士西部世界著名的 Broken Hill 矿藏中心西南 25 公里的具有重要意义的 Pyrite Hill, Big Hill 和 Railway 的钴矿藏。
The deposits are geologically unusual because they do not occur as a bi-product with richer copper or nickel deposits, as is the case in nearly every other mine around the globe. Cobalt, therefore, would be the main focus of any mining development.
The deposits exist near surface and recent drilling has defined a footprint which is at least 4km in length that is open at width, depth and length. The mineralisation can be simply processed to a cobalt-pyrite concentrate, which, because of the excellent location, could be transported by rail/road/sea for processing to produce cobalt, sulphuric acid and iron ore products.
With demand for cobalt growing from new-age applications including rechargeable batteries for electric cars and super alloys for turbines and motors, BPL offers a large and secure future supply source with low political and technical risk in comparison with other producing countries. Currently, 65% of the world’s supply is from central Africa.