Teesside refinery project, UK
Name of the Project
Teesside refinery project.
Location
The project is located within the Redcar and Cleveland Borough Council, the UK.
Client
Peak Resources.
Project Description
The project entails the construction of a rare earths separation plant.
The refinery is expected to produce about 2 810 t/y high-purity neodymium and praseodymium, 625 t/y of combined mid and heavy rare-earth carbonate, 7 995 t/y of lanthanum rare-earth carbonate, and 3 475 t/y of cerium rare-earth carbonate sourced from the Ngualla project, in Tanzania.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Value
The project is estimated at $165-million.
Duration
Not stated.
Latest Developments
Peak Resources has been granted planning permission for the Teesside refinery.
The planning permission is the approval required for the construction of the planned rare earths separation plant.
The environmental licence is being considered by the Environment Agency, and Peak is expecting the award thereof later this year.
Key Contracts and Suppliers
Not stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Peak Resources, tel +61 8 9200 5360, fax +61 8 9226 3831 or email info@peakresources.com.au.
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