Retreatment JV Project
JV with CRONIMET
2019 saw the Company enter into a joint venture with CRONIMET Group, a global commodities trader and metals recycling group, for the refurbishment, commissioning and ramp up of the tungsten processing plant at Mt Carbine. CRONIMET has significant experience in the use of gravity processing and sensor-based sorting technologies.
With CRONIMET’s global trading network, they have also entered into an offtake arrangement to export the tungsten concentrates produced at Mt Carbine giving the operation security of sale on an ex-gate basis.
Mt Carbine Waste Rock Stockpile fed through TOMRA Tungsten XRT at Sydney Test Centre