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MZI appoints EPC provider

28th October 2013

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – Mineral sands developer MZI Resources has moved a step closer to developing its flagship Keysbrook project, in Western Australia, appointing a preferred engineering, procurement and construction (EPC) contractor.

MZI said on Monday that GR Engineering Services had been appointed, and currently had an agreed fixed price, lump-sum EPC cost of A$54.6-million for the Keysbrook project.

The two companies would now work towards finalising the EPC contract, in parallel with negotiations to complete the financing process.

MZI recently reported that it was on the hunt for a new funding source after one of the two banks involved in the debt financing process withdrew.

Edited by Creamer Media Reporter

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