Tungsten mine set to open near Plymouth by 2015
The reopening of a disused tungsten mine on the outskirts of Plymouth has moved a step forward after the firm behind the scheme announced it has awarded a £75 million construction contract.
Wolf Minerals has announced that it has appointed fellow Australian firm GR Engineering to design and build a processing plant for the scheme at Hemerdon.
-
The company announced last year that it had secured all the finance for the £130 million scheme, which will create the world's fourth-largest tungsten mine.
The plant will take around two years to build.
Business Cards From Only £10.95 Delivered www.myprint-247.co.uk
View detailsOur heavyweight cards have FREE UV silk coating, FREE next day delivery & VAT included. Choose from 1000's of pre-designed templates or upload your own artwork. Orders dispatched within 24hrs.
Terms: Visit our site for more products: Business Cards, Compliment Slips, Letterheads, Leaflets, Postcards, Posters & much more. All items are free next day delivery. www.myprint-247.co.uk
Contact: 01858 468192
Valid until: Sunday, June 30 2013
The mine is anticipated to come into production by the end of 2014 and will produce 5,000 tonnes of tungsten concentrate and 500 tonnes of tin annually over the following decade.
The development of the mine will result in the formation of an open pit around 850 metres long by 540 metres wide and 200m deep.
The site is set to create 230 directly employed jobs and could create as many more, within the local supply chain, with the recruitment of a number of senior roles currently taking place.
Wolf Minerals managing director Humphrey Hale said: "Wolf is very pleased to continue working with GR Engineering to develop the Hemerdon Project as we have established a good working relationship over the past three years.
"This is a major achievement for the project team as the EPC contract was tendered to the market and this result is in line with the Definitive Feasibility Study estimate announced in May 2011."
Comments