MANAGEMENT

TNG taps McMahon for Mount Peake contract

EPC contracting group will take on NPI services at Australian op

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TNG said the appointment encompasses work at both the Mount Peake mine site north of Alice Springs and the Darwin Tivan processing facility. It will be worked in parallel with the front-end engineering and design (FEED) study for the project currently being overseen by SMS Group.

Specifically, MCM will progress current NPI planning, finalise the detailed scopes of work and scheduling at both sites, and work alongside TNG on projects such as tendering document development and management strategy for the design and delivery phases.

"MCM will also develop the delivery framework for the NPI works packages in line with TNG's project execution requirements," TNG added.

Those NPI requirements include haul roads, airfield upgrades, concentrate handling infrastructure, water and power infrastructure, accommodation facilities and concentrate storage facilities, as well as other items.

TNG did not indicate the length or value of the contract.

Mount Peake is TNG's flagship property; it owns 100% of the asset. The company has said the mine will be a top 10 global producer.

It has estimated the ore reserve at Mount Peak to include 41.1 million tonnes with grading of 0.42% vanadium, 7.99% titanium and 28% iron.

Processing will be handled by Darwin using the Tivan process for the ultimate processing capacity of 243,000 tonnes of vanadium pentoxide, 3.5 million tonnes of titanium pigment and 10.6 mt of iron oxide over an initial mine life of 17 years.

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