Strandline in LNG supply deal

Aspiring mineral sands miner Strandline Resources has struck an LNG supply deal with the Woodside-EDL joint venture for its Coburn project near Shark Bay (reports The West Australian).
30th April 2021
Resources Rising Stars

Aspiring mineral sands miner Strandline Resources has struck an LNG supply deal with the Woodside-EDL joint venture for its Coburn project near Shark Bay (reports The West Australian).

The joint venture will supply trucked LNG to the project from Woodside’s Pluto operation as part of a 10-year supply agreement with Strandline.

The Luke Graham-led company said the deal meant the overall cost of power at Coburn would be lower than forecast in its definitive feasibility study for the project.

The LNG will be used as fuel for a gas-fired power station run by Contract Power Australia that will also embrace solar and battery storage technology.

Strandline has locked in funding for Coburn and is expected to make a final investment decision imminently.

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