(TheNewswire)
Highlights
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- Jervois appoints Metso Outotec tomanufacture SAG Mill for its Idaho Cobalt Operations (“ICO”),United States, following its award of engineering contracts for theproject
- Jervois has approved US$4.7 millionexpenditure to end March 2021 to support engineering and order of longlead items for ICO
- Jervois is scheduling delivery ofall ICO long lead items to site by Q4 2021 to meet plannedconstruction and commissioning timelines
- ICO remains on schedule for initialconcentrate production from mid 2022
TheNewswire – January19 th , 2021 - Jervois Mining Limited (“Jervois” orthe “Company”) (ASX: JRV) (TSX-V: JRV) (OTC: JRVMF) advises it has appointed Metso Outotec to undertakeengineering and fabrication of a SAG mill for its Idaho CobaltOperations (“ ICO ”) in Idaho, United States, which remains on track forfirst product from mid 2022.
Metso Outotec is a frontrunner in sustainabletechnologies, end-to-end solutions and?services for the aggregates,minerals processing,?and metals refining industries globally.
Jervois awarded a contract for the design, fabricationand delivery of a 4.7-metre diameter and 2.5m-long 750kW SAG(semi-autogenous grinding) mill. The mill design will comfortablyaccommodate the nameplate 1,200 short tons of ore per day(“ stpd ”) Jervois applied in its recent ICO Bankable FeasibilityStudy (“ BFS ”) (refer to ASX announcement on 29 September 2020).
The mill will be delivered to site prior to end of2021. As part of the order, Metso Outotec will provide mill layoutdrawings to Jervois’s appointed engineering firm at ICO, M3Engineering, so final site layout for upcoming site constructionreactivation can be detailed and awarded in Q2 2021.
Jervois is working through a detailed design phase ofICO and will continue to award long lead item packages in the comingweeks to schedule delivery to site of all major equipment by Q4 2021.This will enable it to meet construction schedule requirements andtargeted commercial commissioning of mid 2022.
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 |
“Neither TSX Venture Exchange norits Regulation Services Provider (as that term is defined in policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release."
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