Wolf Minerals Will Creat the World's Fourth-largest Tungsten Mine
- Details
- Category: Tungsten's News
- Published on Wednesday, 20 March 2013 17:24
A PROJECT to reopen a disused tungsten mine has moved another step forward thanks to a £75 million construction contract. Wolf Minerals announced that it had appointed fellow Australian firm GR Engineering to design and build a processing plant for the scheme at Hemerdon.
The plant will take around two years to build. Wolf announced last year that it had secured all the finance for the £130 million project near Plympton which will create the world's fourth-largest tungsten mine.
The mine is anticipated to come into production by the end of 2014 and will produce 5,000 tonnes of tungsten concentrate and 500 tonnes of tin annually over the following decade.
The site is set to create 230 directly employed jobs and could create as many more, with the recruitment of a number of senior roles currently taking place.
Wolf Minerals managing director Humphrey Hale said: "Wolf is very pleased to continue working with GR Engineering to develop the Hemerdon Project as we have established a good working relationship over the past three years."
"This is a major achievement for the project team as the EPC contract was tendered to the market and this result is in line with the Definitive Feasibility Study estimate announced in May 2011."
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