Legend has historically defined phosphate deposits of more than 1 billion tonnes at 16% P2O5 (Note 1 - see resources statement and Queensland Minerals - Summary of Major Mineral Resources, Mines and Projects as published by the Queensland Department of Mines and Energy).
Past feasibility studies, conducted by BH South Ltd (later acquired by WMC then BHP), at the Paradise deposit (previously known as Lady Annie project) in 1974 demonstrated that the project was technically and economically feasible.
The adjacent D Tree deposit also had positive feasibility studies conducted by IMC Corporation (later acquired by Mosaic) in the early 1970's.
In 1973 a pilot plant was built at Paradise produced international quality phosphate rock. The pilot plant operated for 1 year at 100 tonne/day, producing high quality beneficiated phosphate rock averaging 34% P2O5.
In conjunction with GHD, Legend is currently replicating the feasibility study conducted in 1974 using current economic parameters.
Legend is developing a 5 million tonne/year phosphate rock mine; on site beneficiation plant; and Road/Rail transport options to the Port of Townsville.
Legend International Holdings, Inc has a long-term off-take agreement with IFFCO, India's largest fertilizer enterprise, a cooperative with over 50 million farmers. IFFCO currently holds almost 9% of Legend equity.
Legend has engaged a highly professional management, geology and mining team, as well as leading industry service providers and consultants to ensure the successful development of its phosphate deposits.
17 March 2010 December 2009 Annual Report > Read more
16 March 2010 Further Milestones and Project Update > Read more
16 March 2010 Phosphate Project - Further Milestones and Project Update > Read more
11 January 2010 BMO Research Report > Read more
18 November 2009 Phosphate Deal > Read more
17 November 2009 Mining The Isa Conference 2009 – The Growing Need for Phosphate Rock > Read more
17 November 2009 Legend International Holdings Inc. Announces Strategic Alliance with Wengfu Group Co. Ltd, One of the Largest Fertilizer Producers in China > Read more
10 November 2009 September 2009 Quarterly Report > Read more
29 September 2009 Legend International Holdings Inc. Announces It Now Holds 100% Of D-Tree Phosphate Project, Queensland, Australia > Read more
24 September 2009 Project Update > Read more