Companies

Gippsland

Overview

Gippsland Ltd is an Australian mining company, whose main asset is in Egypt. The Abu Dabbab project has tantalum, tin and feldspar resources, as does the neighbouring Nuweibi project. Gippsland owns 50% stakes in both these projects. Gippsland has agreed a 10 year off-take agreement with German tantalum company HC Starck. The agreement covers 600,000 pounds of tantalum peroxide a year, which is more than 90% of expected annual tantalum production of 650,000 pounds. That would make Gippsland the second largest tantalum producer in the world. Gippsland also has 50% shareholdings in the Wadi Allaqi gold, copper and nickel project and the Abu Swayel copper-nickel project. The only non-Egyptian project is in Tasmania. Gippsland owns 40% of the Zeehan tin project. Gippsland is quoted on Aim and the ASX. It also has a trading facility on the Frankfurt Stock Exchange.

Sector: Resources

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