Thessally Resources is a privately-owned Australian company that is focused on industrial minerals exploration and production.
Our long-life Huandot Magnesia Project is located in close proximity to transport routes and utilities – adjacent to the sealed Stuart Highway and the Batchelor to Rum Jungle Road, as well as the Darwin to Alice Springs railway. It is also close to major infrastructure such as high-voltage power and gas transmission lines and plentiful water supplies.
We are well positioned to fast-track the definitive feasibility study for the project, with significant exploration, engineering, market studies, trial mining completed and a range of other factors relating to the proposed operation either finalised or in an advanced phase.
The recent tightening of supply in China and changing market dynamics provides a favourable environment for the development of this significant long-life project to supply the wide spectrum and rapidly growing CCM markets. Applications for CCM include agriculture, technical and chemical industry, steel /refractories, environmental and water treatment.