Project Overview

The Fingerboards Project

The Fingerboards Critical Minerals Project, delivered by Gippsland Critical Minerals, will responsibly develop high-grade deposits of rare-earths and critical minerals listed on the Australian Government’s Critical Minerals List. 

Overview

The Fingerboards Project is located within the Glenaladale deposit in East Gippsland, Victoria, approximately 270 kilometres east of Melbourne. 

Once operational, the Fingerboards Project will produce around 280,000 tonnes per year of Heavy Mineral Concentrate (HMC) containing:

  • 14,000 tonnes per year of rare earth minerals (xenotime and monazite), which include about 200 tonnes of heavy rare earth oxides (dysprosium and terbium) and 1,800 tonnes of light rare earth oxides (neodymium and praseodymium). These elements are essential in high-performance magnets used in electric vehicles, wind turbines and defence applications.
  • 75,000 tonnes per year of zircon, used in ceramics, electronics and advanced manufacturing.
  • 150,000 tonnes per year of titanium minerals (ilmenite, leucoxene and rutile), used to produce pigments and titanium metal.

Analysis by Appian Capital indicates that, if in production today, Fingerboards would contribute 40–50% of ex-China production of the world’s dysprosium and terbium oxide supply, underscoring its importance in securing diversified global supply chains.

Together, these products contribute to industries that power the clean-energy transition and support advanced manufacturing in Australia and globally.

Overview

A new project for East Gippsland  

The rescoped Fingerboards Project is smaller in scope, size, scale and environmental impact than the 2021 proposed project. It provides greater certainty to the community and Government on key matters relating to:  

  • Water requirements and water sourcing 
  • Management of tailings 
  • Soils and rehabilitation 
  • Water run-off and quality of water impact 
  • Impact of mining on native vegetation 
  • Dust and air quality, including a commitment to real-time and transparent monitoring of the key concern of dust and air quality.   

A new Feasibility Study is underway, based on 7.2 million tonnes per annum (Mtpa) of shallow progressive mining using low-disturbance in-pit dozer push mining units. Ore will be slurry-pumped to an on-site wet concentration plant, using water sourced from multiple groundwater and recycled sources to produce a heavy mineral concentrate (HMC) via traditional gravity separation.

With improved mine design, sustainable water and tailings management, and close collaboration with local community and Traditional Owners, the Fingerboards Project is positioned to become a leading Australian supplier of rare earths, zircon, and titanium, delivering long-term community benefits including water infrastructure, resumption of freight rail services, regional employment and economic benefits for workers transitioning from closing timber and coal industries.

Interactive Map

Explore the project

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Design Elements

How the redesigned project works

Mining

Smaller Footprint, Staged Approach

The redesigned Fingerboards Project has a smaller mining and separation footprint than the 2021 proposal, with larger setbacks from the Lindenow Valley Horticultural Area and no mining in the Perry, Simpson or Lucas Creek Gullies. 

Processing

Onshore processing, new tailings strategy

Minerals will be separated on-site using water and gravity to produce a heavy mineral concentrate (HMC). The remaining tailings will be co-disposed in designated cells within the mined-out pit, removing the need for above-ground tailings dams and centrifuges. 

Rehabilitation

Testing rehabilitation in real conditions

We are testing rehabilitation methods through the Mining and Rehabilitation Demonstration Pit, including backfilling, soil replacement and the return of land to productive pasture and native vegetation. 

Water

Diversified Water Strategy

GCM’s water strategy is designed to safeguard existing supplies, draw from a mix of sources, and reuse water responsibly across our operations. We’re also planning for the future, investing in infrastructure that can strengthen long-term water security for the region.

Power

Energy-Efficient Processing Technologies

The Fingerboards Project will utilise energy-efficient technologies and infrastructure to power operations while exploring renewable integration opportunities.

Transport

Rail-first transport

We’re committed to a rail-first transport strategy designed to reduce heavy vehicle movements on local roads and support efficient freight movement through the region and off to port.  

Shared Opportunity

We are invested in East Gippsland

Localised funding

$300m

Investment in the development of the mine, prioritising local suppliers

Labor force

~300+

Ongoing local jobs throughout operations

Economic Boost

$90m

Annual economic contribution through operations, wages, and supply chain

Information Sheets

Community documents

We recognise the need to do things differently and have re-scoped development to reduce and mitigate environmental impacts. Every step of the way we will be releasing our plans and activities to the public for scrutiny and engagement.

Resource

Apr 4, 2025

Community Engagement Plan

Resource

Apr 4, 2025

Fingerboards Jobs Guide

Resource

Apr 4, 2025

Annual Report

Frequently asked questions

We understand you have questions. Let us answer them.

GCM’s project has been redesigned to minimise dust at its source. GCM also determined that rescoping to a smaller project is one of the best ways to reduce environmental impacts, particularly in relation to dust.  Key changes include:   

  • Reducing the mining footprint by 1,297ha to 955ha (27% reduction) 
  • more than doubling the distance between mining and the Mitchell River and introducing a a 1.5km ‘buffer’ or mining exclusion zone to significantly reduce the likelihood of any residual dust reaching Lindenow Valley
  • Reducing the scale of the mining by 40% (from 1500 tph to 900tph), 
  • Reducing the size of the mining voids and filling them faster than previously proposed 
  • A new rehabilitation strategy prioritising the return of the land to current use rather than only native vegetation to enable faster coverage and reduce dust 
  • An ‘in pit dozer push’ methodology that will reduce dust generated from overburden removal, moving overburden and from on-surface trucks movements – these are the largest contributors to dust on any mineral sands project

We are also reducing the risk of airborne dust travelling as a result of wind by:   

  • Establishing storage sheds for the bulk concentrate 
  • Increasing the use of dust suppressant measures, which will be tested as part of the demonstration pit trials 
  • Using a changed rehabilitation strategy to accelerate ground cover establishment and the return of the land to agricultural use and native grass.    

We expect these measures will dramatically reduce dust, and quantifying the impact of these proposed mitigation measures is now the subject of detailed assessments and studies. This includes a mining and rehabilitation demonstration pit in early 2026 to ensure our dust modelling and rehabilitation strategy is tested in situ.

GCM’s annual water requirement of approximately 3.0 GL will be sourced from a combination of water sources, with major sources expected to be recycled water and winterfill (surface) water allocations from existing licence holders. GCM is also investigating the availability and use of groundwater from the deep Latrobe Aquifer.

We know water is important to the local community, which is why we are engaging with farmers, water authorities, councils, landholders and First Nations groups to gather feedback. The Community Reference Group has also played an important role in informing this work and our demonstration pit is also an input into the final strategies. 

All water sourcing, use and potential impacts will be assessed through the Environmental Effects Statement (EES) process, with findings made publicly available.

The Fingerboards projects will operate as a zero-discharge site. This means that any surface water affected by mining activities will be captured, retained and reused within the site, rather than released into local creeks or rivers. 

A key change supporting this approach is the removal of the above-ground Tailings Storage Facility. Instead, tailings will be co-disposed directly into mined pits, significantly reducing the risk of runoff or seepage reaching downstream environments. 

Together, these changes materially reduce risks to surface water quality and associated biodiversity values in the Mitchell and Perry Rivers and the Gippsland Lakes Ramsar wetland. 

All impacts on Gippsland lakes and downstream waterways are being assessed as part of the impact assessment work being undertaken as part of the EES.  

The naturally occurring radiation in mineral sands is low-level and carefully managed.  

Radiation at high levels occurs during a type of mineral sands processing that is not going to occur at Fingerboards.  

It is only during final processing, in Western Australia and the Northern Territory, almost 4,000km from East Gippsland, that any radiation from NORM would be concentrated enough to be classified as Radioactive Material (Class 7). In Western Australia and the Northern Territory, specific measures are in place to manage these outcomes at these processing locations, which are subject to strict regulatory oversight from the Australian Radiation Protection and Nuclear Safety Agency (ARPANSA). 

To provide independent monitoring against the baseline levels at Fingerboards, the Victorian Department of Health has installed its own monitoring stations across the site.

This is sometimes called continual rehabilitation. It means that we rehabilitate as we go. That means as each area of the site is mined, it is backfilled and then rehabilitation commences. This will occur across the majority of the site.

This methodology is now common across mineral sands mining in Victoria. This is regarded as best practice for a number of reasons, including:

  • Regular rehabilitation works develop and retain trained staff
  • Ensures that areas done at any one time are not large
  • Over time, methods are refined, equipment is optimised and readily available, and the area to be rehabilitated at closure is relatively small. 
  • Importantly, the Mining and Rehabilitation Demonstration Pit (MRDP) — recommended during the 2021 assessment process — will allow rehabilitation techniques to be tested at a realistic scale before full operations proceed.

GCM is conducting detailed ecological surveys to identify important habitats and species. However, as a first step to improve on the design of the previous project and reduce impacts, GCM has rescoped to preserve key wildlife corridors and environmental features, particularly through our gully areas. Work on our ecological studies includes baseline monitoring that has already begun and the process is being lead by GHD. You can read the scope of those studies here. 

 

Mining

Design changes to reduce impact

Several changes have been made to reduce the overall size and scope of the redesigned Fingerboards Project, including: 

  • Creating a 1.5km buffer zone between the Lindenow Valley Horticultural Area 
  • Reducing the mining footprint by 27%, from 1,297 to 955ha 
  • Creating mining exclusion zones in the Perry, Simpson and Lucas Gullies 
  • Slowing the mining rate by 40%, from 1,500 tonnes per hour to 900 tonnes per hour. 
  • Reducing the amount of road locations from 7.6km to 1.5km 

Progressive Mining

Mining will occur in small, staged areas (around 900 metres by 300 metres), with only about 15% of the total area active at any time. Mining will use a combination of truck-and-shovel methods and in-pit dozer push, reducing the amount of on-surface truck movements and associated dust. Mined areas will generally be filled within 12 months, allowing rehabilitation to begin soon after.

Processing

Gravity-and-Water Mineral Separation

The Fingerboards Project will process recovered ore using gravity-and-water separation. The end product is a bulk heavy mineral concentrate (HMC) that is stored in covered sheds, replacing the open-air stockpiles previously proposed. As part of our commitment to onshore processing, the HMC is then transported to the Northern Territory or Western Australia for further processing. 

Below ground tailings

Only around five per cent of the ore is separated as heavy mineral concentrate. The remaining material is returned below ground into designated tailings cells within the mined pit. This redesigned tailings approach removes the need for an above-ground tailings storage facility in Perry Gully, avoiding associated dam-break risk and removing the need for centrifuges – which were previously identified as a significant noise and vibration impact. 

Testing and validating tailings performance

A laboratory test program is underway to confirm the performance of this system, including:

  • Geotechnical testing to optimise flocculant dosing and measure material strength, consolidation and water recovery rates.
  • Geochemistry testing using groundwater from the Latrobe Group aquifer to assess flocculant breakdown products and long-term tailings behaviour.

The results will be validated through the large-scale demonstration pit, which will include rehabilitation trials. Seepage recovery drains will be installed before tailings placement so that water samples can be collected during and after the trial to confirm water quality and validate laboratory data.

Rehabilitation

Progressive Rehabilitation

Progressive rehabilitation would fill open voids generally within 12 months, minimising the active mining footprint at any given point in time and in turn, reducing rehabilitation timeframes. Progressive mining is commonly used in mineral sands mining and is considered best practice because it allows rehabiltiation methods to be tested and refined over time, keeps equipment and trained crews available, and supports the earleir return of land to productive use. 

Returning the land to productive pasture

Based on discussions with local farmers and agronomists, GCM is prioritising the return of land to productive pasture alongside native vegetation and grasses. Plans for land restoration will be further developed in consultation with local farmers, Traditional Owners, environmental groups and the Community Reference Group, ensuring outcomes that balance productive farmland with biodiversity gains across the region.

Large scale rehabilitation trials

To give the community confidence that rehabilitation methods work in practice, GCM is currently undertaking a Mining and Rehabilitation Demonstration Pit (MRDP). The MRDP is a condition of GCM’s retention licence and is testing rehabilitation methods under real site conditions before full-scale mining begins. This includes soil handling, backfilling, landform reconstruction, water management, and pasture establishment. Eleven pasture and cover crop mixes will be trialled across the site to help identify which combinations perform best under different rehabilitation conditions.

Water

Continuous Assessment

The overall water management strategy for the Fingerboards project would involve continuous assessment during operations to reduce the combined requirement of approximately 3.0 GL/year so far as reasonably practicable through optimisation of re-use and recycling strategies of water as part of the process and tailings circuits.

Hybrid Solution

The Fingerboards project will implement a hybrid solution to meet the project demand, that would draw from at least two of the following options: surface water (Mitchell and/or Macalister Rivers), groundwater (from the Latrobe Group Aquifer) and recycled water (from East Gippsland Water). Our water strategy would also involve:

  • delivery of water from the various sources to a single raw water storage dam with approximately 2.0 GL capacity
  • diversion of non-impacted rainfall run-off away from active areas into local catchment
  • use and/or transfer of impacted water between the on-site water storage catchment dams and the process water pond to maintain rainfall storm event capacity

Building Long-Term Water Security for the Region

GCM is working with local stakeholders to explore how it can develop community water storage infrastructure that can strengthen water security, vital in dry periods. This will deliver lasting benefits for East Gippsland, extending well beyond the life of the mine.

Power

Renewable Energy Integration

The project prioritises renewable energy sources and clean power technologies, aligning operations with Victoria’s renewable energy targets and Australia’s net-zero commitments. Our energy strategy supports the transition to sustainable mining while demonstrating leadership in responsible critical mineral production.

Energy-Efficient Processing Systems

Advanced processing technologies optimise energy consumption while maintaining operational excellence, utilising proven energy management systems that reduce environmental impact. Our efficient approach demonstrates how critical mineral production can align with sustainable development principles.

Carbon Footprint Minimisation

Our carbon reduction strategy encompasses renewable energy adoption, efficient processing technologies, and comprehensive emissions monitoring to minimise environmental impact. This holistic approach ensures operations contribute positively to Australia’s climate objectives while producing essential critical minerals.

Transport

Rail-first Logistics

Rail will form the backbone of the Fingerboards Project’s transport system, with concentrate moved from the new Fernbank rail siding to Victorian ports including Melbourne and Geelong. Developed in response to community feedback, this approach takes trucks off local roads, cutting noise, dust, and safety risks while delivering lasting infrastructure to strengthen regional freight links.

Private Road Network

Product will be transported from the processing plant to rail entirely on private roads. This eliminates heavy vehicle traffic on public roads and reduces community impacts by around 80%. Only 1.5 kilometres of the Bairnsdale–Dargo Road will be relocated, while the Fingerboards intersection will be retained in full. These changes also mean more roadside trees are preserved, further reducing environmental and amenity impacts.

Regional Freight Train

New rail infrastructure will provide the baseload needed to re-establish regular freight services from East Gippsland to Melbourne and Geelong. GCM has convened a Freight Rail Taskforce that brings together local businesses, industry groups and government to identify freight needs, set priorities and ensure the base-load opportunity delivers a long-term solution.