The Project Feasibility Study Of PSR On Mining Zircon Sand In Indonesia

With the rapid development of China's economy, demands for mineral resources are becoming strong, zirconium is a rare non-metallic mineral which is being used widely in ceramics, refractories and electronic industries. The major origin of domestic zircon sand is Hainan Island. Due to sustainable development and environmental protection, Mining activity is prohibited since 2007. With China's building material market booming, the price of zircon sand is soaring, so going abroad to search for cheap and good zircon sand has become imperative.This thesis studies the zircon sand project of PSR in Kalimantan, Indonesia. Both technology and economic benefits are analyzed in detail. We make the feasibility study on the investment environment, including social environment, which is political situations and related industrial policies, and natural environment that will be affected by the mining activities. The reserves of zircon sand in the planned mining field are 3,176,552.5 tons with the purity between 19.3% and 33.2%. The mining period can last 32 years as per the company's mining plan. The analysis of specific operation indicates that open pit method can be adopted and spiral separators can be used to process raw mineral. Transportation tools are trucks. Economic feasibility analysis shows that the net present value of the two options of the project is Rp106,169,044,278 and Rp109,523,564,542 respectively, internal rates of return are as high as 449 percent and 461 percent, the payback periods are four months.The project is feasible, if the project can be successful, it could bring a lot of business to the company.