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Ironveld submits scoping report for smelter

15th August 2014

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

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JOHANNESBURG (miningweekly.com) – The environmental scoping report for a 15 MW smelter at pig-iron developer Ironveld’s operations has been submitted to the Limpopo Department of Economic Development, Environment and Tourism.

The submission of the Prescali Environmental Consultants-prepared final scoping report brought Ironveld’s ambition of building a 15 MW direct current arc furnace on farm Altona 696 LR closer to delivery.

“As our definitive feasibility study, published in April, demonstrated, the smelter is a robust project and will be cash flow positive from commencement of production,” CEO Peter Cox said in a statement on Friday.

“This is an important step in the approvals required by the National Environmental Management Act, which would allow production to start in late 2015.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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