Emerging Australian lithium developer Core Lithium (ASX: CXO) has awarded preferred contractor status for three key components of its wholly-owned Finniss lithium project near Darwin. Primero Group, Lucas Total Contract Solutions and Qube have been tapped to deliver EPC work, mining services and transport solutions, respectively, with final contracts to be awarded in due course.
Primero Group selected as preferred EPC contractor and have commenced on Front End Engineering & Design (FEED)
Lucas Total Contract Solutions selected as preferred contractor to deliver mining services
Qube selected as preferred contractor for transport solutions
Finniss Lithium Project development timeline on-track for first production at the end of 2019
Emerging Australian lithium developer, Core Lithium Ltd (ASX: CXO) (Core or the Company), is pleased to announce the award of preferred contractor status for three key components of the Company’s 100%-owned Finniss Lithium Project (Finniss), located near Darwin in the Northern Territory.
These three contractors are key participants in the development team Core is assembling on the back of being granted the first Mining Licence (as announced 21 January 2019). In line with its construction schedule, Core is targeting first production of spodumene concentrate from Finniss by the end of 2019.
Following a competitive tender process and engagement with a number of leading contractors, the Company has engaged Primero Group (Primero) as the preferred EPC (Engineering Procurement and Construction) and FEED contractor. The FEED study by Primero is underway to improve the accuracy of the EPC estimate on the 1 million tonne per annum processing plant and associated infrastructure at Finniss.
Primero’s capabilities are strengthened by recent success in a range of design, build, commissioning and operation roles with a number of Australian hard-rock lithium projects including Pilbara’s (PLS) Pilgangoora and Tawana/Alliance (A40) Bald Hill Projects.
Core has also selected Qube Bulk Pty Ltd (Qube) as its preferred provider of haulage and transport solutions for Finniss, whilst Lucas Total Contract Solutions (Lucas TCS) has been selected as the Company’s preferred contractor for the provision of mining services work at Finniss.
Core will work with Primero, Lucas TCS and Qube to finalise contract terms that reflect the most cost-effective and time-efficient solution for Finniss.