ALL >> Writing >> View Article
Astra Resources To Begin Dredging At Iron Sands Project In The Philippines
Astra Resources has announced plans to begin dredging at its iron sands project located in Cagayan, the Philippines, later this year. Astra's subsidiary, Astra Philippines, holds a 90% stake in Cagayan River Construction and Development Corporation (CRCDC), which will deliver the project. Astra CEO Jaydeep Biswas said the commencement of the project was pursuant to a memorandum of agreement between the CRCDC and the Provincial Government of Cagayan, which was approved last week. "This grants CRDCD the authority to dredge, extract and utilise 'quarry resources', sand particles and other materials of commercial value such as magnetite iron sands from the Cagayan River Delta," said Biswas. The Babuyan Channel Iron Sand Lode, in the north eastern part of Luzon in the Philippines, is estimated to contain more than 31.3 billion metric tonnes in the Mineral Production Sharing Agreement (MPSA) areas. Astra managing director Silvana De Cianni said the company is acquiring additional mining areas alongside MPSA 1, 2, 3 and 4 to add to the joint venture. The company will dredge a 200m by 12km strip along the mouth of the Cagayan River ...
... for a period of 25 years. Production is expected to reach gross sales of around 1 million tonnes per annum by 2014, and the initial estimated resource is 135 million tonnes. Astra,rotary kiln,ball mill,Mineral Processing through its joint venture interest in CRCDC, has secured all permits to initiate operations this year .
Add Comment
Writing Articles
1. Understanding Organizational Behavior In The Uk With Professional Assignment HelpAuthor: Neil Richards
2. 5 Secrets Recruiters Only Know
Author: Resumes For Dudes
3. Why Seek Assignment Help At Manchester Metropolitan University?
Author: Neil Richards
4. Welcome To Viecoi.vn - Your Gateway To Better Career Opportunities
Author: viecoi
5. Father Gabriele Amorth Exorcisms! Pope's Exorcist Is A True Story?
Author: Horror Insider
6. Best Urologist In Bengaluru
Author: Best Urologist
7. Tips For Documenting Engineering Licensee Experience
Author: David Thomas
8. Significant Achievements Of India's Largest Manufacturing Initiative Make In India
Author: Dev kumar
9. How To Enhance Your Book With Ghost Writing Services: Brooks Craft Publishing
Author: James Salt
10. Brooks Craft Publishing: Your Premier Choice For Quality Publishing Services In The Usa
Author: James Salt
11. Brooks Craft Publishing: Your Trusted Partner In Book Marketing And Publishing
Author: James Salt
12. Top 3 Most Haunted Hotels In America You Won't Believe
Author: Horror Insider
13. Why The Future Of Public Speaking Is Bright
Author: Jeffery Harper
14. Exploring Dubai's Elite Mba Programs: Cost, Curriculum, And Executive Pathways
Author: aspireeducation
15. Top 10 Beneficial Tips For Creating Seo-friendly Content
Author: Suborna Fermi