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Rutila Resources Ltd, Tenure Granted for Balla Balla Export Facility

The Board of Rutila Resources Ltd (“Rutila”, ASX:RTA) is pleased to announce, together with our Joint Venture partner Todd Minerals Ltd, a subsidiary of Todd Corporation (“Todd”), that the Government of Western Australia Department of Mines and Petroleum has granted the Miscellaneous License L47/690 which covers land from existing mining tenements of the Balla Balla project to the Balla Balla port area on the Pilbara coast line.
 
L47/690 will contain the Export Facility consisting of a stockyard area, the causeway and jetty to the transshipment shuttle vessel loading facility. The Export Facility shall have the capability to export a minimum of 6 million tonnes per annum, however utilising the same causeway and jetty infrastructure the capacity may, subject to a variation of approvals, be increased to over 50 million tonnes per annum to allow for third party access.
 
 
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