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Astron’s project definition statements are advancing with both the Senegal and Donald projects. Project and Engineering teams are currently advancing the Definitive Feasibility study for the Donald project in the Murray Basin Victoria.

Project milestones are continuing with Environmental, Engineering design, Infrastructure and operational preparedness activities.

ANNOUNCEMENTS

Milestones achieved in the 3rd Quarter of 2016 continue to return cost effective outcomes for the business’s future. Achieved and planned milestones for 2016 include:

• Submission of the Donald Site Work Plan Q4 2016
• Donald Mineral Sands – Definitive Feasibility Study Q4 2016
• Pre-Feasibility Engineering design of the Mineral Separation Plant commenced Q3 2016
• Procurement and Engineering Technical reviews in both China and Australia commenced Q3 2016
• Feasibility Design of the Donald Site Wet Concentrator Plant (WCP) completed Q3 2016
• Logistics, Infrastructure and Civil designs completed Q3 2016
• Project Execution and Packaging Plans completed Q3 2016

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