The BTT project involves the re-mining of Lonmin’s Easterns Tailings Dam in South Africa, including the reprocessing of 26Mt of tailings material at a rate of 300,000t/mth. Commissioning and ramp up to full production is expected during the 2018 financial year.
Once at steady-state, the project is expected to produce about 29,000oz/y of platinum or some 55,000oz of platinum group metals at a yield of 0.5g/t.
The project is part of Lonmin’s business plan and is expected to produce the lowest cost ounces in the Lonmin portfolio.