https://www.miningweekly.com

Peak starts pilot plant at Tanzania project

2nd November 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Project developer Peak Resources has started beneficiation at its pilot plant at the Ngualla rare earths project, in Tanzania.

The company had selected a flowsheet comprising two-stage flotation with intermediate grinding for the treatment and upgrading of the Ngualla mineralisation, and a 66 t bulk sample of mineralistion had now been collected from the project.

Peak MD Darren Townsend said on Monday that the selection and piloting of the beneficiation flowsheet was an integral part of the bankable feasibility study and demonstrated the company’s commitment to move towards the commercialistion of the Ngualla project.

A 2014 PFS estimated the project could deliver some 10 000 t/y of separated high-purity rare-earth oxides over a mine life of 58 years. The project was estimated to have an operating cost of $11.74/kg and would deliver a net present value of $1.3-billion and an internal rate of return of 39%.

Along with the completion of the feasibility study, financing and offtake discussions would be progressed over the next 12 months or so. Peak was targeting plant commissioning in 2018.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Projects

Image of lithium ore
Bougouni lithium project, Mali – update
Updated 2 hours 42 minutes ago By: Sheila Barradas

Showroom

Environmental Assurance (Pty) Ltd.
Environmental Assurance (Pty) Ltd.

ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

An unmanned breathalyser that is made to be tough and simple to use. Can be used in any environment for operator-free breathalyser testing.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.126 0.163s - 106pq - 2rq
Subscribe Now