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Gippsland Limited
Introduction
Gippsland LimitedGippsland Limited is an Australian based company listed on the Australian Stock Exchange (ASX: GIP), and also trades on the Frankfurt Deutsche Börse (DB: GIX). Through its subsidiary Tantalum Egypt JSC, it holds a controlling interest in the 44.5Mt Abu Dabbab and 98Mt Nuweibi tantalum-tin-feldspar deposits via 30 year Mining Licences that can be extended for a further 30 years.
The Abu Dabbab and Nuweibi Mineral Resources and Ore Reserves comply with the internationally accepted JORC Code standards. Abu Dabbab is fully explored and has been the subject of a successful Definitive Feasibility Study and a full Environmental Impact Assessment (completed to World Bank standards).
Gippsland Directors consider the Abu Dabbab Project to be the world's most advanced new tantalum operation. The BFS indicated that the project will become the world's largest tantalum mine, producing in excess of 650,000 lb of tantalum pentoxide (Ta2O5) per year, with an expected mine life in excess of 20 year
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Company data
Year established : 1969
Turnover : N/A
No. of employees : 10-19
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