Carbine Tungsten Limited plans to be a pre-eminent Australian tungsten producer, with production at the historic Mt Carbine tungsten mine in North Queensland set to re-commence. More...
The grade of the product will depend on customer preference, but it is anticipated production from the tailings will be 50 tonnes of WO3 per month (5,000 metric tonne units or mtu's per month). Mt Carbine was discovered at the end of the 19th Century, and was a major tungsten producer in the past. The deposit is still relatively unexplored and there is considerable exploration potential for new tungsten mineralisation in the Mining Leases and Icon's surrounding exploration tenements. When it last operated between 1973 and 1987, the Mt Carbine mine produced exceptionally high grade concentrate, and was in the lowest quartile of cost of production for global tungsten producers.