Macro Metals Limited and WA Limestone Secure A$125K Derby Sands Project, Unlocking Cost-Effective Export Potential to Southeast Asia
Tuesday, July 22, 2025
at
8:21 am
Macro Metals Limited and WA Limestone have acquired the Derby East Construction Sands Project near Port Derby. This strategic move enhances a low-cost, efficient supply chain for exports to Southeast Asia and could drive future shareholder value in a straightforward, low-risk operation.
Macro Metals Limited has entered a new phase in its strategic expansion by finalizing a joint acquisition of the Derby East Construction Sands Project. The acquisition was completed in partnership with WA Limestone Pty Ltd for a total cash consideration of A$125,000, with each party contributing A$62,000 for a 50% interest. Under the deal, Macro Metals’ wholly owned subsidiary, Macro Mining Services Pty Ltd, has been appointed to manage and operate the project. The project is strategically located just 24 kilometers east of Derby along a sealed all-weather road, offering a significant logistical advantage due to its proximity to a modern port facility and well-established local infrastructure.
The Derby East Project encompasses two exploration licences that host a substantial deposit of high-quality fluviatile construction sands embedded within the Jurassic Wallal Sandstone. Historical drilling campaigns have delineated a sand occurrence averaging 39 meters in thickness, with promising geotechnical characteristics including non-plastic sands, a D50 grainsize around 0.425mm, and soaked California Bearing Ratio values between 20% and 30%. The resource is poised for mining above the water table, with the fresh water table being encountered at average depths between 10 and 37.5 meters, which supports the prospect of low-cost, low-risk operations.
In addition to strong physical and logistical parameters, Macro Metals is leveraging its strategic relationships to extend the project’s market reach. Notably, a subsidiary of the company’s strategic partner holds a license by Singapore’s Building & Construction Authority for importing sand, which has seen an import volume of about 150 million tonnes between 2020 and 2023. This connection, coupled with ongoing studies into transshipping and ocean freight logistics from the Derby Port, positions the project favorably for tapping into the lucrative Southeast Asian markets.
From an investor sentiment standpoint, positive factors include the acquisition’s low entry cost, the robust infrastructure around Derby, and the established logistics arrangements that promise access to high-demand international markets. On the flip side, concerns may arise regarding the necessary approvals and additional exploration work needed to delineate a mineral resource, along with standard market risks associated with project development timelines and regulatory processes. Overall, the move is seen as strategically sound for Macro Metals Limited, blending a low-cost operational outlook with a solid foundation for future production expansion.