Core Lithium is on track for first production at the Finniss lithium project in the Northern Territory next year after it awarded an engineering, procurement and construction (EPC) contract to Primero.
According to Core Lithium managing director Stephen Biggins, the $40 million contract will mark the first phase of delivering value out of the project through the construction of the Finniss dense separation media plant.
“Today’s announcement represents the final stage of the Finniss study phase and the first step to unlocking the value of the Finniss lithium resource in the Northern Territory,” he said.
“We are excited to have Primero on board as an experienced and successful lithium EPC contractor, and look forward to working together, delivering the DMS (dense media separation) plant and creating an exciting opportunity for the people of the Northern Territory.
“As we have stated to the market, construction of the Finniss project is on schedule to commence before the end of 2021, with Primero ready to hit the ground running immediately with initial work, in the lead-up to the commencement of process plant-building activities in March next year.”
The Finniss project will produce an average 173,000 tonnes per annum of lithium concentrate.
Primero will be responsible for project management, engineering and detailed design, equipment and materials procurement, DMS plant construction, quality co-assurance and ore commissioning.
The project will begin immediately with site works to start in March 2022, followed by commissioning of the DMS plant in October 2022.
“The Primero brand is synonymous with the processing and operation of battery metals and future energy, and the Core lithium project is another example of the quality of our processing knowledge in these industries,” Primero managing director Cameron Henry said.
“The working relationship with the Core team has been a four-year journey and we look forward to delivering on this contract and continuing the relationship with Core.”