The 100 per modular design produces tremendous cost savings up front and operationally. “It it will take just 9 months from the point we have financing to put the mine into operation, said Senior Vice President of Corporate Development, Brent Nykoliation.
The actual on site time it takes to re-connect the modules, is seven days,” stated Nykoliation.
- It’s like a lego set – you simply connect the pieces together.” “The whole design has been built to European standards. Dry stack tailings will be used which significantly reduces the CAPEX associated with a conventional tailings facility. . The Molo mine has also been optimized for space; the whole modular plant will cover an area just 30 meters by 60 meters in size,” said Nykoliation. “And to build the plant we’ll need no more than 50 people on site.”
Phase 1 is a plant capable of producing 17,000 tonne a year, with Phase 2 being the expansion to over 50,000 tonnes per year. Starting with Phase 1 allows us to enter the market quickly and sell an amount that one buyer can absorb entirely without stressing the market.
Source: NextSource Materials