Your response is aligned. Construction is typically a 3 year process all going well. As per any major infrastructure project the runway before and after is as long if not longer hence the ~10 year timeframe. Construction can often be the quickest part. The front end feasibility, approvals, financing and tenders can be quite difficult and elongated.
- Feasibility Study/Design
- Approvals - Land, Easements, Water
- Market Engagement - Commercial model, financing, Tender
- Tender Award
- Mobilisation - recruitment, sub contracts etc
- Procurement
- Construction - 3 years
- Commissioning
- Handover
- Operations
$?Bill in a ? Life mine, page-25415
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