Kropz’s Elandsfontein project on schedule, budget
Aim-listed phosphate explorer and developer Kropz reports that, because of significant progress continuing to be made at its Elandsfontein project, it remains on track to achieve the target date for production in the fourth quarter of the year.
The project also remains within budget.
The miner highlights that these achievements have been realised against the backdrop of the unprecedented Covid-19 pandemic and recent second wave of infections across South Africa.
Going forward, Kropz is focusing primarily on the site-based construction activities, which are permitted to continue under the current Covid-19 Alert Level 3 restrictions.
To date, earthworks are largely complete and civil construction is advancing. Fabrication of structural steel, platework and piping has started and the first major mechanical equipment has been delivered to site.
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