TNG, owner of the Mount Peake project in Australia’s Northern Territory, has received the integrated design layout for its asset from engineering group Clough, and the result has given it an open door to begin final design work and value engineering.
The company said the integrated layout includes a beneficiation plant at the site northwest of Alice Springs, as well as a TIVAN processing facility and plant utilities. The plants will be erected near the western boundary of the mining areas of the project, specifically within its lease 29855.
The miner first announced it had retained a partner in Clough to work on the project after the pandemic severely restricted movement by fellow partner SMS Group between Europe and Australia. Clough and TNG advanced the layout using the frameworks of the front-end engineering and design study completed by SMS.
“TNG has now commissioned Clough to progress value engineering to optimise outcomes in cost/schedule; design aspects incorporating, civil, structural and architectural, mechanical, piping, electrical and instrumentation engineering disciplines, logistics and non-process infrastructure,” the company said.
“Clough will work with TNG’s project team and have support from SMS to undertake this next engineering and design stage and deliver an updated capital cost estimate for the development of the Mount Peake Project,” it added, noting that phase of the work should be completed by May 2022.
Mount Peake, a vanadium-titanium-iron asset, is TNG’s flagship project. It expects the mine, which it owns wholly, to be one of the top 10 producers in the world.
Source: TNG Limited