Market Release 11th June 2013
ROCKLANDS GROUP COPPER PROJECT (CDU 100%)
Mineral Processing Plant Construction CuDeco signs a binding agreement with Sinosteel for the Structural, Mechanical and Piping (SMP) installation at the Rocklands Group Copper Project. The "TURNKEY" contract includes the complete installation of the entire Mineral Processing Plant and ancillaries. Sinosteel has entered into 3rd party contracts with Queensland-based engineering, construction and plant and equipment supply companies, for the construction of the process plant and will employ more than 400 Australian Personnel during the construction. The mobilisation for the construction crews for the processing plant is to begin 1st July 2013 with completion and commencement of commissioning due May/June 2014.
WIKI;
Turnkey......A turnkey or a turnkey project (also spelled turn-key) is a type of project that is constructed so that it could be sold to any buyer as a completed product.
CDU Price at posting:
$1.41 Sentiment: None Disclosure: Not Held
