Terramin Australia Ltd. has commenced site preparation at its Tala Hamza zinc project in Algeria after previous delays.
This follows the successful resolution of long-standing land access constraints that had previously hampered the project’s timeline.
Completion of certain activities, including geotechnical drilling, had been delayed pending the relocation of residents within the project area.
In a show of state support, the Algerian government has completed a land acquisition process for the project’s exclusive use, valued at approximately US$30 million.
Terramin’s Executive Chair Bruce Sheng said: “The commencement of site preparation at Tala Hamza marks an important milestone.
“With site access now secured, the focus shifts to execution as we advance the project towards development readiness.”
Tala Hamza is regarded as one of the largest undeveloped zinc and lead deposits in the world. Current figures place the mineral resource at approximately 53 million tonnes at 5.3 per cent zinc and 1.3 per cent lead.
The project’s location is a significant logistical advantage, situated on the Mediterranean coast just 15 kilometres from the port city of Bejaia.
This provides the venture with ready-made access to established rail, road, power, and deep-water port infrastructure.
Initial on-ground activity includes site clearing, the establishment of operational laydown areas, and ground preparation for future infrastructure.
Terramin, which holds a 49 per cent interest in the project and retains management rights, will now fast-track geotechnical drilling to finalise the underground mine design.
These works represent the initial stage of physical activity on site and mark the transition towards development readiness.
Geotechnical work supporting the final underground mine design is expected to progress following restored site access.