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Page 41:EPC contract covers approximately 75% of Stage 1 upfront...

  1. kcf
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    Page 41:

    EPC contract covers approximately 75% of Stage 1 upfront capital expenditure, with
    significant performance responsibility assumed by GRES, including:
    ̶ Individual 72-hour throughput tests for sections of the plant
    ̶ Full plant 7-day throughput test
    ̶ Metallurgical test for zircon recovery
    ̶ Metallurgical test for ilmenite recovery
    ̶ Metallurgical and technical support for performance testing and ramp up
    for 6 months after practical completion

    kcf
 
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