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Contract awarded for $429.7M metal project in North Queensland

Lycopodium Minerals
Lycopodium Minerals

An engineering consultancy has won one of the first tenders for a US$297 million (A$429.7 million) exotic metal project in North Queensland.

A subsidiary of Lycopodium Limited recently secured the lead engineer contract for Queensland Pacific Metals’ Townsville Energy Chemicals Hub.

The deal involves tender winner Lycopodium Minerals helping to prepare the pre-feasibility study for a 600 kilo-tonnes per annum (ktpa) battery materials refinery, which is hoped to produce 25,000 tpa of nickel sulphate and 3000 tpa of cobalt sulphate and other valuable co-products for the battery energy storage sector.

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QPM, which was recently acquired by Pure Minerals, is tasked with process services, utilities design, engineering, preparing project capital and operating cost estimates, and compiling the pre-feasibility study report, including integration of studies relating to other work packages.

Work is already underway

The study is scheduled to be complete before the end of 2019.

No jobs are advertised yet and will be listed on the Lycopodium Minerals careers web page: chp.tbe.taleo.net/chp02/ats/careers/searchResults.jsp?org=LYCOPODIUM&cws=1

“We are pleased to have been appointed to complete the key engineering work packages for the project pre-feasibility study,” Lycopodium Minerals managing director Rod Leonard said in a public statement. “The outlook for battery metals is positive.”

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