Minerals for a Better World

A vital ingredient in everyday life

Mineral sands are essential ingredients in many personal and household items including toothpaste, paint, tiles, sunscreen, computers and mobile phones, just to name a few.

Mineral sands are essential ingredients in many personal and household items including toothpaste, paint, tiles, sunscreen, computers and mobile phones, just to name a few.

They are used to create pigment in everyday products – paint, paper, toothpaste, cosmetics, paper, and food items.

They are used in the manufacture of sports goods, ceramics, whitegoods, mobile phones, and computers.

Important to medical technology

Minerals sands and rare earths are used in prosthetics and joint replacements, and in medical technology such as MRI machines. They play a vital part in modern medical technology.

Rare Earths - Essential for the the world's renewable energy

Rare earths extracted in mineral sands mining are essential ingredients in the manufacture of wind turbines and electric vehicles.

Global demand for rare earths is increasing as the growth in renewable energy continues to address climate change. If we want to continue clean energy production to address climate change, we need to produce rare earths.

Rare Earths is a group of elements that are not actually that rare in the earth’s crust but are rare to find in economic concentrations. The Fingerboards deposit is rich in the highly valuable rare earths Neodymium, Praseodymium, Dysprosium and Terbium. These rare earths are used in myriad applications, but are essential to high-tech mobile technology, medical applications, permanent magnets used in direct drive turbines in windfarms, and electric motors in electric vehicles.

The Fingerboards Mine is one of the largest zircon and rare earth development projects in the world. Once in production, the Fingerboards is expected to supply up to 5% of global demand for rare earths, essential for the development of clean energy. This will be pivotal, to Bloomberg’s estimate of wind and solar energy reaching a combined 48% of global energy capacity by 2040.
The annual production from the Fingerboards Mine could supply enough rare earths to enable the construction of approximately 2.8 million electric vehicles, or enough rare earths to enable construction of 14GW of wind power, enough to power 4.5 million homes.

Close to home, the Star of the South windfarm project has the potential to power around 1 million homes in southern Victoria with renewable energy and could require a significant quantity of the Fingerboard’s rare earth production if direct drive turbines are used.