NiWest DFS date shifted to mid-2024
The expected delivery of the definitive feasibility study (DFS) of the NiWest nickel/cobalt project, in Western Australia, has shifted to mid-2024, emerging battery metals producer Alliance Nickel reported on Tuesday.
This is to allow for the completion of optimisation studies and water drilling programmes.
Cost optimisation engineering across major capital and operating cost estimates is under way and international tender pricing continues for the acid plant, which is a material component of the project capital expenditure (capex).
Alliance Nickel stated that its engineering team had visited several overseas fabrication facilities to assess potential vendor capability. These meetings were positive and competitive indicative pricing had been received, which would offset cost pressures across other components of the capex estimate.
Further, the firm reported that it had completed drilling for water at its Mt Kilkenny tenements and other licensed areas. However, further water drilling programmes were required in other areas through access agreements with third parties. These programmes will run through to the first quarter of 2024.
“Unfortunately, the timing of completion for certain workstreams has impacted the timing for completion of the overall DFS. Whilst being disappointing the board considers it prudent that it takes the necessary time to ensure all aspects of the project are advanced and completed diligently and comprehensively.
“Given the ongoing advanced progress of other project workstreams, completion of the DFS next year should not have a material impact on the overall project execution schedule,” said MD and CEO Paul Kopejtka.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...
VISIT SHOWROOM
Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
