Completion of $5 Million Placement - Ferrotungsten from 3rd Campaign Sold & Shipped
Cleansing Notice and Share Placement
Cleansing Notice for SPP
SPP Documents Mailed to Shareholders
3rd Oct 2006
Hazelwood Resources Ltd is an emerging ferroalloy producer, with a majority interest in the largest, most advanced ferrotungsten plant outside of China.
Ferrotungsten is used in steels and alloys where heat resistance and hardness is required. Chinese restrictions on strategic metals have provided an opportunity for Hazelwood to become a leading and reliable supplier of the material.
Wogen Resources Limited is the exclusive agent for worldwide distribution of ferrotungsten from the operation, and are regarded as a leading trader in such commodities.
Hazelwood’s 100% owned Big Hill Tungsten Deposit in Western Australia is proposed to become a significant source of supply for Hazelwood’s vertically integrated tungsten business, reducing the reliance on third-party feedstock. Big Hill hosts a 12 year JORC Ore Reserve and is capable of producing exceptionally pure tungsten concentrate.
Hazelwood has exposure to nickel sulphide and base metal exploration in the East Pilbara with exciting new discoveries in the under-explored Kelly Greenstone Belt.
ATC supplies the following grades of Ferrotungsten under an agency agreement with global minor metals trader Wogen Resources Limited
The advanced design of the ATC Ferrotungsten plant and the significant experience of its operations team allows it to produce premium quality product from a wider range of tungsten feedstock.
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