Strandline Resources Limited


Primary ticker: ASX:STA
Stage of development: Exploration, Development, Production
Primary minerals: Rare Earths, Mineral Sands
Project to promote: Coburn Mineral Sands Project, Fungoni and Tajiri Mineral Sands Projects
Project location: Western Australia, Tanzania
Corporate presentation: Click here

Strandline Resources Limited (ASX: STA) is an emerging producer of heavy mineral sands with a portfolio of 100%-owned development assets located in Western Australia and within the world’s major zircon and titanium producing corridor in East Africa.

Strandline’s strategy is to develop and operate high margin, expandable mining assets with market differentiation and global relevance in the sector.

Strandline’s project portfolio contains high quality assets which offer a range of development options and timelines, geographic diversity and scalability. They include the world-scale Coburn Project in WA, currently under construction, and the exciting Tanzanian growth projects Fungoni and Tajiri.

Cash: AUD$94M
Debt: AUD$210M

Major shareholders:
Tembo Capital – ~18.5%
Regal Funds – ~5%
Management Ownership – ~5%

Management Profile

Luke Graham – CEO / Managing Director
Luke Graham is a qualified engineering professional and has over 25 years’ experience in the mining and resource sector, he is currently the Managing Director and Chief Executive Officer of Strandline Resources, recruited to lead the transition of the Company from ‘explorer’ to major project developer through a multi-tiered and staged growth strategy. Strandline are an ASX listed mining company with heavy mineral sands mining assets in Shark Bay Western Australia and along the coastline of Tanzania.

Luke was formerly Regional Manager of global minerals engineering and project delivery company Sedgman Pty Limited (a member of the CIMIC Group) serving over 11 years in various senior leadership roles within the business. Mr Graham has a broad range of international leadership, technical and commercial expertise in the execution of major engineering projects within the resources (mine and port) and industrial sectors, including mineral sands, coal, iron ore, copper, gold and alumina. He has extensive experience in managing financial operational performance and achieving strong business growth in soft market conditions.

What is your rationale for taking part in 121 Mining Investment?

Meet international investors. Build company awareness.

What recent news would you like to highlight to investors attending?

Production commenced at Strandline’s 100%-owned the world-scale Coburn mineral sands project in WA. Portfolio of growth projects advancing.

What are your key goals for the next 3, 6 and 12 months?

3 Months:
1) Smooth production of Coburn project in WA
2) Progress development preparations for the Coburn expansion case and Strandline’s portfolio of mineral sands project in Tanzania (Fungoni + Tajiri projects)