(TheNewswire)
Highlights
-
-- Jervois engages Promon Engenharia tocomplete a detailed assessment of São Miguel Paulista nickel and cobaltrefinery (“SMP Refinery”) asset integrity to support restart plans
-
-- Deliverables include detailed plant andequipment refurbishment costs and schedule
-
-- Vendors and technical experts secured toparticipate in integrity audit
-
-- Jervois is in final stages of selection oflead engineer for the Bankable Feasibility Study for restart of theSMP Refinery
-
-- Jervois progressing discussions withthird-party intermediate product suppliers for refinery restart tocompliment Idaho Cobalt Operations (“ICO”) product
-
-- Jervois continues to work collaborativelywith Companhia Brasileira deAlumínio (“CBA”) tocomplete sale process and is committed to a safe hand over andtransition of ownership
-
-- ICO in the United States remains onschedule for initial production from 2H, 2022
-
-- Jervois on track to become a verticallyintegrated producer with a strategic focus on direct customerrelationships of refined specialty nickel and cobalt products
TheNewswire - Jervois MiningLimited (“ Jervois ” or the “ Company ”) (ASX:JRV)(TSXV:JRV) (OTC:JRVMF) advises it has awarded the São Miguel Paulista refinery (“ SMPRefinery ”) integrity and restart audit toPromon Engenharia Ldta (“ Promon ”) in Brazil.
Promon is headquartered in São Paulo and is a leadingBrazilian engineering firm, with a successful construction trackrecord both domestically in Brazil and internationally, across theagribusiness, energy, mining, and fertilizer industries. Jervois ispleased to be partnering with a local Brazilian company for thisimportant phase of work.
As Jervois prepares to restart the SMP Refinery inBrazil, the Company has engaged Promon to complete a detailed refineryintegrity audit focused on civil, structural, electrical, andmechanical core disciplines. The integrity audit includes a reviewof the refinery historical maintenance and operating records, a reviewof consumable, critical and insurance spares, thorough inspections ofplant and equipment including non-destructive testing (“ NDT ”) ofcrystallisers, pressure vessels, leach reactors, tanks, piping andvalving and a review of certified machinery inspection reports.
High and low voltage power distribution, earthing andlightning protection systems, motor control centres (“ MCC’s ”) and othermotors will be inspected to establish base line condition. Civilstructural audits will include detailed inspections, NDT (whereappropriate), crane and mobile equipment certification record and baseline condition monitoring reports.
Promon will review key equipment with vendors, and inaddition Jervois has hired technical experts for certain specializedequipment such as rectiformers, Larox filters, packaged boilers,instrumentation and control systems.
The refinery integrity audit deliverables include athorough assessment of the plant and equipment, capital estimates torefurbish plant and equipment and detailed schedule for restart of therefinery.
Jervois and Companhia Brasileira de Alumínio(“ CBA ”) continue to work collaboratively towards closingJervois’ acquisition of SMP. Jervois remainsin discussions with engineering contractors with a demonstratedhistory of operating in Brazil, appropriate refining experience toaward the BFS for refinery restart. This formal tender process is inthe final stages of award.
On behalf of Jervois Mining Limited
Bryce Crocker, CEO.
For further information, please contact:
Investors and analysts: Bryce Crocker Chief Executive Officer Jervois Mining Limited | Media: Nathan Ryan NWR Communications nathan.ryan@nwrcommunications.com.au Mob: +61 420 582 887 |
About SMP Refinery
SMP Refinery is a nickel and cobalt electrolyticrefinery designed and constructed by Outotec that commenced operationsin 1981. The facility is located in an industrial zone in the city of São Paulo, Brazil. It was placed oncare and maintenance by CBA in 2016 after its primary source of rawmaterials at the time, CBA’s Niquela?ndia nickel-cobalt mine in the Brazilian State of Goiás , was also paused. SMP Refinery’s production capacity was 25,000 metric tonnes perannum (“ mtpa ”) of refined nickel cathode and2,000mtpa refined cobalt cathode.
SMP Refinery produced electrolytic nickel with 99.9%purity, exceeding the base specification required by the London MetalExchange (“ LME ”). This product was historically used in premiumapplications such as superalloys, specialty stainless steels,electroplating and batteries. SMP Refinery broken cobalt cathodeswere also of high quality and historically used in superalloys andbatteries. Nickel and cobalt cathodes were sold under the brand“Tocantins” and have an established customer base in key regionsof demand today – the United States, Europe and Japan.
Forward-LookingStatements
This news release may containcertain “Forward-Looking Statements” within the meaning of theUnited States Private Securities Litigation Reform Act of 1995 andapplicable Canadian securities laws. When used in this news release,the words “anticipate”, “believe”, “estimate”,“expect”, “target, “plan”, “forecast”, “may”,“schedule” and other similar words or expressions identifyforward-looking statements or information. These forward-lookingstatements or information may relate to design, engineering, integration of equipment andoperations to be undertaken at SMP Refinery, concentrate production atICO and third party supply of concentrate for SMP Refinery. andcertain other factors or information. Such statements represent theCompany’s current views with respect to future events and arenecessarily based upon a number of assumptions and estimates that,while considered reasonable by the Company, are inherently subject tosignificant business, economic, competitive, political and socialrisks, contingencies and uncertainties. Many factors, both known andunknown, could cause results, performance or achievements to bematerially different from the results, performance or achievementsthat are or may be expressed or implied by such forward-lookingstatements. The Company does not intend, and does not assume anyobligation, to update these forward-looking statements or informationto reflect changes in assumptions or changes in circumstances or anyother events affections such statements and information other than asrequired by applicable laws, rules and regulations.
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release.
Copyright (c) 2021 TheNewswire - All rights reserved.