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Diatreme Resources - Neil McIntyre

In this interview - Morgans Analyst Chris Brown chats to Neil McIntyre from Diatreme Resources at the 2024 Noosa Mining Conference. The Video discusses Diatreme Resources' high purity silica sand project at Cape Flattery in North Queensland. Neil McIntyre, the CEO of Diatreme, provides an update on the project's status, indicating that they are in the final stages of environmental and permitting approvals. He mentions that the project has a 400 million tonne silica resource and surrounds the operations of Cape Flattery Silica, the world's largest silica mine. McIntyre expresses confidence in the project's potential for production within the next 18 months, citing the strong market demand for high purity silica sand used in photovoltaic solar panels. Additionally, Diatreme is in the process of consolidating ownership by acquiring Metallica Minerals, currently holding an 84% stake. McIntyre highlights the opportunity to establish a dominant regional position and create a world-class silica asset through the merger. He also mentions that Sibelco, a major shareholder and potential customer, holds a 27% interest in Diatreme's silica projects and is bullish on the market's ability to absorb the projected 3Mt startup production.