Altura Mining Limited remains on track to produce the first lithium concentrate from its 100%-owned Pilgangoora Lithium Project in Q4 2017 with the purchase of an existing 324 room camp located just 15 minutes from the Pilgangoora mine site.
Altura said that having convenient and suitable accommodation for its workforce was key to enabling the timely construction of the mine and associated infrastructure.
“To minimise the risk in this area and expedite construction Altura has entered into an agreement to purchase the former Rail Camp 2 from Roy Hill infrastructure which is located 20km from the Pilgangoora project area,” Altura told the ASX.
The camp, which consists of 324 rooms and has the capacity for a further 176 rooms expansion, was constructed by Roy Hill in 2014 to accommodate its rail construction workforce and was occupied for approximately two years before going into care and maintenance earlier this year.
Altura is also progressing with the purchase of critical long lead equipment associated with the construction of the Processing Plant.
Having purchased a High Pressure Grinding Rolls crusher, the company has placed orders for the procurement of eight critical pieces of equipment, including primary and secondary crushing circuit, ball mill, flotation cells, thickeners, concentrate filters, reflux classifiers, cyclones and slurry pumps.
Altura said that its procurement team is also in negotiations with numerous other equipment suppliers and intends to place further orders for capital equipment over the coming months.
“The design for the process plant is progressing well and the project and procurement teams continue to advance a number of key tenders which will enable commencement on site in late 2016,” reads the company’s statement.
“Submission of the Mining Proposal in September 2016, the recent funding discussions with Lionergy, Altura’s Chinese offtake partners and promising results in the recent drilling program provide are further strong indicators that Altura is on track to deliver production from its world class lithium project in 2017.”