logo
powered-by-canningspurple
Navigation
logo powered-by-canningspurple
  • Insight
  • Companies
    • Aeris Resources
    • Altrad
    • Argonaut
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • Buru Energy
    • Catalyst Metals
    • ChemX Materials
    • Core Lithium
    • DDH1 Drilling
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Torrens Mining
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
    • Westgold Resources
    • Zenith Minerals
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
  • About
  • Contact
  • Subscribe

Home / Rare Earths / Northern Minerals reaches practical completion at Browns Range

Northern Minerals

  • ASX: NTU
    • REE

Northern Minerals reaches practical completion at Browns Range

  • 21 December

Australian heavy rare earths producer Northern Minerals (ASX: NTU) has reached practical completion at its Browns Range pilot plant, with commissioning on schedule ahead of an expected first shipment before the end of the year.


Highlights

  • Commissioning ongoing and continuing well.

  • Practical Completion achieved.

Australian heavy rare earths producer, Northern Minerals (ASX: NTU) (Company) is pleased to announce that commissioning of its Browns Range R&D Pilot Plant Project in the East Kimberley region of Western Australia (R&D Pilot Plant Project) is continuing and progressing in accordance with expectations.

Under the terms of the EPC construction contract (EPC Contract) between the Company and Sinosteel MCC, Practical Completion has been determined to have been achieved in respect of the construction phase of the R&D Pilot Plant Project as of 24 October 2018.

Under the EPC Contract, payment of $10.2m (ex GST), is deferred (Deferred Cost).

The Deferred Cost is payable by the Company in 5 quarterly instalments commencing on the date 12 months after Practical Completion.

Commissioning activities will continue, and product is being stockpiled ahead of a first shipment expected by the end of the month.

Northern Minerals’ Managing Director and CEO, George Bauk, said “We continue to kick goals at Browns Range and Practical Completion is another major milestone that we have ticked off.

“Commissioning is progressing well, and we are aiming for shipment of our first product from the Pilot Plant before the end of the year.” 

“We want to take this opportunity to recognise the excellent work undertaken by Sinosteel MECC on the construction and delivery of the Browns Range R&D Pilot Plant.”

NTU1.JPG
NTU2.JPG

Investors are encouraged to update their contact details to stay up to date with Northern Minerals news and research at: http://northernminerals.com.au/update-details/

View full announcement

Investor Insight

  • Contact

Share

  • LinkedIn
  • Twitter
  • Facebook

Most Read

  • 1 November

Nickel, cobalt anomalies at Sockovac; large new gold, copper anomalies at Sinjakovo

  • ASX:LYK
    • Ni
    • Cu
  • 28 September

Core Lithium – Primero Group Awarded EPC Contract for Finniss DMS Plant

  • ASX: CXO
    • Li
    • Clean energy
  • Insight
  • 26 June

Picking winners – the portfolio approach that offers blue-sky potential

  • ASX: AIS
    • Clean energy
    • Cu

Related

  • Insight
  • 7 May

Uranium, manganese dealt into gold and battery metals Diggers forum

  • ASX: HAS
    • Broking Firm
    • Clean energy
  • Insight
  • 30 April

March Qtr delivers truckloads of Au, Li, Fe and Mn – and a promise of more value

  • ASX: ARV
    • II
    • Broking Firm
  • 29 April

Northern Minerals reports on March Quarter

  • ASX: NTU
    • REE
  • 29 April

Hastings Technology Metals reports on March Quarter

  • ASX: HAS
    • REE

NEWSLETTER

Get news, as it happens

Sign up to receive our weekly roundup, and releases of interest, as they happen.

  • This field is for validation purposes and should be left unchanged.
logo

Investor Insight, powered by Cannings Purple, delivers the stories that matter to the people who matter – across your preferred communications platform.

From breaking news to analysis, opportunities and thought leadership, Investor Insight is your window into some of Australia’s most exciting listed and non-listed companies.

  • Insight
  • Companies
    • Aeris Resources
    • Altrad
    • Argonaut
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • Buru Energy
    • Catalyst Metals
    • ChemX Materials
    • Core Lithium
    • DDH1 Drilling
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Torrens Mining
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
    • Westgold Resources
    • Zenith Minerals
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
powered-by-canningspurple
  • About
  • Contact
  • Subscribe
  • Cannings Purple
  • Privacy Policy
  • Disclaimer

Copyright 2022 Cannings Purple