Wolf Minerals Limited, a specialty metals development company, yesterday announced that it has given GR Engineering Services Limited (GRES), the engineering, procurement and construction (EPC) contractor, to start construction of the Hemerdon tungsten and tin project in the southwest of England.
According to the ASX announcement issued by the company, the project now has a definitive timeline for construction, commissioning and first production, set for mid-2015.
The EPC contract was awarded to GRES with a fixed price, amounting to 75 million pounds, and a fixed term of 24 months for the design, construction and commissioning of the 3 million tonnes per annum tungsten and tin mineral processing plant.
Now that the design of the plant and additional facilities has been completed, the key equipment pieces have been procured, and all residential properties around the project have been purchased, the construction phase can begin.
The project operations management team is in place, along with the Project Manager Rupert McCracken and Construction Manager Dave Henderson.
“We have been focused on achieving the key milestones required to allow construction to commence at the Hemerdon project and are delighted that these are now all in place and construction can commence. The Wolf management team is established at its UK base and GRES is mobilizing and will commence construction in the very near future. This is a very exciting time in the company’s development and provides visible proof to the market that the project will be built and that Wolf will be the next significant producer of tungsten concentrate globally,” said Russell Clark, Managing Director of Wolf Minerals.
The project will be the third largest in the world and is expected to generate around 3,500 tonnes of tungsten in concentrate and 450 tonnes of tin in concentrate per annum.