- Write by:
-
Saturday, May 11, 2019 - 10:48:36 AM
-
993 Visit
-
Print
Mining News Pro - TNG has engaged construction group McMahon Services to progress the program of work for the non-process infrastructure (NPI) requirements for its flagship 100%-owned Mount Peake vanadium-titanium-iron project, in the Northern Territory of Australia.
According to Mining News Pro - The contract encompasses the NPI at both the Mount Peake mine site, located 235 km north of Alice Springs, and the Darwin TIVAN® processing facility, and will be undertaken in parallel with the front-end engineering and design study for the project being progressed by SMS group.
The NPI requirements for the project include but are not limited to haul roads, airfield upgrades, concentrate handling infrastructure, water and power infrastructure, accommodation facilities and concentrate storage facilities, TNG said.
As part of its engagement, McMahon will advance the existing NPI planning developed by TNG and finalise detailed scopes of work and scheduling for the NPI across both sites. MCM will then work collaboratively with TNG to develop the tendering documents and implement the strategy and delivery framework for the NPI works packages.
“This will extend to any approvals, capital budgeting and detailed project scheduling, enabling progression into the detailed design and ultimately construction phases with selected contractors, in a manner consistent with TNG’s project execution strategy,” TNG said.
TNG’s Managing Director and CEO, Paul Burton, said: “We have been able to establish a global network of high-quality partners in the fields of engineering, project financing and product off-take to help us advance this world-class project towards financing and construction. We are delighted to add McMahon Services – a high calibre Australian contractor with an existing strong footprint in the Northern Territory – to our project development team.”
An updated definitive feasibility study on Mount Peake from 2017 envisaged pre-production capex of A$853 million ($617 million) for a 3 Mt/y project ramping up to 6 Mt/y in year five. This would see 24.3 Mt of magnetic concentrate turned into 10.6 Mt iron oxide and 243,000 t of vanadium oxide.
Short Link:
https://www.miningnews.ir/En/News/372968
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer ...
Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed ...
Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with ...
Australia’s Fortescue said on Monday it would form a joint venture with OCP Group to supply green hydrogen, ammonia and ...
Iron ore’s reset to around $100 a ton is indicative of a broader reshaping of China’s commodities markets that favors ...
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic ...
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic ...
Nippon Steel intends to pursue its proposed acquisition of US Steel and wants its “deep roots” in the United States to ...
Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, ...
No comments have been posted yet ...