Brisbane Mineral Separation and Processing Plant (MSPP)
RZ Resources Limited (unlisted public company)
- Commodities
- Finished titanium and zircon products, and a rare earth concentrate
- Currently seeking
- Debt, equity, offtake, and strategic partners to fund MSPP upgrade and/or the COPI mine
- Project status
- MSPP production anticipated in 2026; Copi mine production anticipated late 2027
The RZ Resources mineral separation and processing plant (MSPP), located on the Brisbane River, is the only processing facility of a similar size and scale on the east coast of Australia able to process a heavy mineral concentrate to produce finished titanium and zircon products, and a rare earth concentrate for direct delivery to downstream customers. The MSPP was previously owned and operated by Iluka and Sibelco and following a proposed upgrade is anticipated to be in operation by 2026.
RZ Resources is an Australian-owned critical minerals company which, in addition to having important downstream processing capability, has the Copi Mine Project in NSW with 2.54 billion tonnes of JORC Resource and growing, which will provide the MSP with material to process.
Additionally, the MSPP will be upgraded to create a centre of excellence hub, building on our potential for advanced manufacturing, with the capability to assess and process material from third-party producers in Australia, rather than have those raw materials sent offshore for processing. The plan is to have the MSPP operational before the Copi Mine using third party material.
17
years (base) processing life of mine22+
years (extension) processing life of mine~$65m
CAPEX (2023) - MSPP~$930m
CAPEX (2023) - Copi$770m
post-tax NPV (base) - Copi and MSPP$1.156b
post-tax NPV (expansion) - Copi and MSPP18%
post-tax IRR (base) - Copi and MSPP20%
post-tax IRR (expansion) - Copi and MSPP
Key project facts
- The MSPP can process up to 450,000 tonnes per annum (tpa) of heavy mineral concentrate a year, including:
- 100,000tpa of heavy mineral concentrate utilising gravity separation
- 60,000tpa of conductor concentrate (ilmenite, rutile, HiTi) and zircon concentrate (zircon, monazite)
- Cleaning processing turning conductor concentrate into ilmenite, rutile and HiTi products and processing of non-conductor concentrate into zircon and monazite products.
- Final products can be packaged, stored and dispatched directly from the MSPP.
- About half of MSPP’s total capacity will be available to support other critical mineral mines in Australia and the rehabilitation of old mine sites over and above the material to be processed from the Copi Mine Project.
Mineral resources 2023
This table lists mineral resources by category. It includes tonnage, heavy minerals (HM) percentage, and composition of ilmenite, leucoxene, rutile, zircon, monazite, and xenotime.
| Category | Tonnage (Mt) | Total HM (%) | Ilmenite (% HM) | Leucoxene (% HM) | Rutile (% HM) | Zircon (% HM) | Monazite + Xenotime (% HM) |
|---|---|---|---|---|---|---|---|
| Indicated | 1,960 | 1.3 | 45 | 8.9 | 15 | 15 | 1.19 |
| Inferred | 580 | 0.9 | 43 | 9.4 | 15 | 12 | 0.98 |
| Total | 2,540 | 1.2 | 45 | 9.0 | 15 | 15 | 1.15 |
Mineral reserve 2023
This table lists mineral reserves by category. It includes tonnage, heavy minerals percentage, and composition of ilmenite, leucoxene, rutile, zircon, monazite, and xenotime.
| Category | Tonnage (Mt) | Total HM (%) | Ilmenite (% HM) | Leucoxene (% HM) | Rutile (% HM) | Zircon (% HM) | Monazite + Xenotime (% HM) |
|---|---|---|---|---|---|---|---|
| Probable | 428 | Not available | 47 | 9.9 | 14 | 17 | 1.44 |
| Total | 428 | Not available | 47 | 9.9 | 14 | 17 | 1.44 |
- Last updated
- 20 August 2025
- Last reviewed
- 11 July 2025