Legend International Holdings, Inc

The company currently holds an initial Australian JORC code compliant Inferred Mineral Resource Estimate for a partial area of Paradise South which has been completed and reports a total of 72 million tonnes @ 17% P2O5 at a minimum cut off grade of 12% P2O5.

20 October 2011
State and Council to work together on Legend development in Mount Isa
Acting Premier Andrew Fraser is considering the declaration of the Legend
International Phosphate Plant as a 'prescribed project' and has decided to proceed
with consultation on such a declaration.
A ‘prescribed project’ is a project which is of significance, particularly economically and
socially, to Queensland or a region.
"Following the Premier's visit to Mount Isa organised by Member for Mount Isa Betty
Kiernan, the Deputy Coordinator-General has held meetings on two occasions with the
Mount Isa City Council to work towards a planning solution," the Acting Premier said.
"As the local Member, Betty Kiernan has been in regular contact to provide updates on
this and other developments in the North West."
The Council continues its role as assessment manager for the project under this
approach with the Office of Coordinator-General providing support as needed – and if
required an ability to move the assessment along should it slow.
Betty Kiernan has welcomed the announcement which will progress the assessment
process for the $1.4 billion project which has the potential to generate up to 800
construction and 431 operational jobs.
"We are pleased that Mount Isa Mayor John Molony has publically expressed support
for a prescribed approach and if a decision is made to declare the project a prescribed
project we look forward to working in partnership with the Council to keep the project
moving while maintaining a rigorous planning and assessment process."
The consultation process is proposed to conclude on 11 November 2011.
Media contact: Deputy Premier’s office – 3224 6361

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dgou1218
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Legend International Holdings, Inc
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