EPC contractor chosen for Mount Peake

PRESS RELEASE: Australian strategic metals company TNG has provided an update on pre-development activities at its flagship 100%-owned Mount Peake vanadium-titanium-iron project, located 235km northwest of Alice Springs in Australia’s Northern Territory, as it gears up for what is expected to be a pivotal six months for the project
EPC contractor chosen for Mount Peake EPC contractor chosen for Mount Peake EPC contractor chosen for Mount Peake EPC contractor chosen for Mount Peake EPC contractor chosen for Mount Peake

An RC drill rig at Mount Peake

Staff reporter

TNG is now in the final stages of finalising the full processing flowsheet with SMS group. The company has identified SMS group as the preferred engineering, procurement and construction (EPC) contractor for the Mount Peake project, and is currently in discussions with SMS to finalise its appointment.

Como Engineers is also currently finalising the mine site beneficiation flowsheet and compiling tender documents for the Mount Peake concentrator. SMS group is finalising the design of the TIVAN plant with optimised concentrate specifications. Once completed, SMS will provide updated CAPEX and OPEX estimates for the full process flowsheet which will enable a full revised financial model to be concluded.