Audalia Resources Limited is an ASX-listed company (ASX Code: ACP), the owner of the flagship project, Medcalf, a direct ship Titanium/Iron/Vanadium project.
Proposed mining targeted for 2027, will be by conventional hard rock open pit mining methods recovering ore at a low waste to ore ratio from open pits excavating ridges above the regional water table.
Drill and blast will be required to loosen the hard rock which will be mined using a small mining fleet to stockpile ore. This ore will be crushed and screened to create a blended size specific final product that will be trucked to Esperance Port via a 74km private access road that connects to the Coolgardie to Esperance Highway.
The ore will be ship to the Asian markets for use as a hearth liner protection for the steel furnaces.
Key Factors
- Granted Mining Lease
- Environmental part 4 approved
- Native Title agreements in place
- Ore Reserve of 11.77Mt @ 11.01& TiO2, 53.8% Fe2O3 and 0.61% V2O5
- Updated Prefeasibility study completed in January 2026 with an outcome of strong economics
- Project low technical risk with no chemical treatment onsite
- 9 year mine life with one year payback
- Strip ratio 0.6 ; 1
- Simple open cut pit mining above the water table
