Phoebe at Pro -Active Investors on the job …
And APA too
Good to book things early as possible in this squeezey labour and supplies market I think.
And my feeling is that there have been a few ‘incredibly significant’ ‘key’ steps being taken of late and the descriptors are not because Ian Prentice is prone to hyperbole …
Time will tell?
Technology Metals Australia executes early works agreement with APA for gas pipeline
Phoebe Shields
11:02 Wed 08 Jun 2022
“Progressing the early works for the development of the proposed pipeline with APA Operations is an incredibly significant step as we continue to de-risk the development of the MTMP, the world’s next large-scale primary vanadium mine, with an anticipated cost-effective, low-risk energy supply solution,” says MD.
Technology Metals Australia Ltd (ASX:TMT) has inked an early works agreement with APA Operations Pty Ltd, a subsidiary of APA Group (ASX:APA) Limited, for the development of a pipeline to supply gas from the Perth Basin for the Murchison Technology Metals Project (MTMP).
APA Operations is constructing the Northern Goldfields Interconnect pipeline – intended to connect new and existing gas provinces to pipeline infrastructure in the Northern Goldfields region of Western Australia.
The proposed **anintha Gas Pipeline would be connected to the Northern Goldfields Interconnect and represents a key risk mitigation activity for TMT as part of the timely development of the MTMP, anticipated to provide a cost-effective, low-risk and efficient energy supply. “Incredibly significant step”
“Progressing the early works for the development of the proposed pipeline with APA Operations is an incredibly significant step as we continue to de-risk the development of the MTMP, the world’s next large-scale primary vanadium mine, with an anticipated cost-effective, low-risk energy supply solution,” TMT managing director Ian Prentice said.
“This is another key initiative of the MTMP’s Implementation Phase.”
APA Operations will progress early works for the proposed pipeline under the agreement, including the preparation of licences, initial engineering design and identification of long lead procurement items.
The two companies will negotiate the associated development and gas transportation agreements for the pipeline in parallel with early work activities.
MTMP location plan showing proposed **anintha Gas Pipeline route.
