Test­work progress for Kogi Iron

The Australian Mining Review - - NEWS: INTERNATIONAL - JES­SICA CUM­MINS

COM­MER­CIAL­I­SA­TION of Kogi Iron’s Ag­baja Cast Steel Project in Nige­ria is mov­ing for­ward af­ter a suc­cess­ful test work pro­gram con­firmed its vi­a­bil­ity.

Met­als and min­ing con­sul­tant Ten­ova con­firmed the iron ore con­cen­trate pro­duced was “suit­able for the pro­duc­tion of pig iron and a re­fined metal with a grade and com­po­si­tion suit­able for the pro­duc­tion of bil­let”.

“We have not dis­cov­ered any is­sue that would ma­te­ri­ally af­fect the eco­nomic vi­a­bil­ity of the project mov­ing to the next phase,” Ten­ova stated.

The con­sul­tant com­pany was now pre­par­ing a for­mal re­port, which Kogi ex­pected to re­ceive in the com­ing weeks.

The Ag­baja cast steel project was now in po­si­tion to progress the fi­nanc­ing of con­struc­tion and con­tinue with the de­fin­i­tive fea­si­bil­ity study, which in­cluded both the mine and the cast steel plant.

The Ag­baja project, 15km north­west of Lokoja city in Kogi State, opened up the op­por­tu­nity for do­mes­tic pro­duc­tion of steel bil­lets.

The project is on the Ag­baja Plateau, which hosts an ex­ten­sive, shal­low, flat-ly­ing chan­nel iron de­posit with an in­di­cated Min­eral Re­source of 586 mil­lion tonnes grad­ing 41.3 per­cent.

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