Plant Layout Optimized
Australian graphite company EcoGraf (ASX EGR / WKN A2PW0M) is continuing to work on advancing its Epanko project in Tanzania towards a financing descision and then production. The company has now announced the completion of an important study along the way.
As the company told investors today, the so-called Front-End Engineering Design (FEED) – in essence a technical design for thorough project planning and cost control – has now been completed. The study completed by METC Engineering and Construction (METC), and its joint venture partner METC-PaulSam, includes designs for all disciplines and developed the scope of work, schedule and control budget for the process plant.
This also updated the design for the processing plant, which is based on proven metallurgical processes that maximize recovery rates and minimize operating costs. EcoGraf selected the equipment based on test results, vendor advice, BFS recommendations, the METC database and experience. In addition, the layout of the plant was optimized to improve plant operability and maintenance access and to minimize investment costs.
Now, EcoGraf adds, the results of the FEED study will be evaluated as part of the due diligence for the debt financing of the project. This follows the company’s completion of the final design for the layout of the first stage of the 73,000 tons per year graphite processing plant.
Geotechnical program completed
In addition, EcoGraf announced that the engineering geotechnical drilling program begun in August has been completed. This allowed the company to collect critical samples and data to finalize the geotechnical parameters for the planned processing plant and tailings and water retention facilities at Epanko. This is to ensure that the final design of the tailings retention facility meets the engineering standards set out in the new 2020 Global Industry Standard on Tailings Management (GISTM).
EcoGraf had engaged leading consulting firm Knight Piésold to carry out the drill program. It included the completion of 19 boreholes for geotechnical drilling and 68 geotechnical test pits. This supplemented the work from last year, meaning that all geotechnical field programs have now been completed prior to a possible construction.
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