GR En­gi­neer­ing wins Thun­der­bird deal

The Australian Mining Review - - NEWS: THE CONTRACTORS - AMY BLOM

SH­EFFIELD Re­sources has awarded a $366.3 mil­lion con­tract to GR En­gi­neer­ing at its Thun­der­bird min­eral sands oper­a­tions be­tween Broome and Derby in WA.

Un­der the con­tract, GR En­gi­neer­ing will de­sign, pro­cure and con­struct a 7.5 mil­lion tonne per an­num min­eral pro­cess­ing plant and as­so­ci­ated fa­cil­i­ties at Thun­der­bird.

The project was ex­pected to take two years, be­gin­ning in the se­cond quar­ter of 2019, after the wet sea­son.

GR En­gi­neer­ing would also de­liver en­gi­neer­ing de­sign, pro­cure­ment, con­struc­tion, com­mis­sion­ing and test­ing of all process and non-process in­fra­struc­ture for the project, in­clud­ing a wet con­cen­trate plant, min­eral sep­a­ra­tion plant, low tem­per­a­ture roast­ing plant, ad­min­is­tra­tion build­ings, bore fields and high volt­age power distri­bu­tion, in ad­di­tion to all civil scope items.

GR En­gi­neer­ing manag­ing direc­tor Ge­off Jones said the con­tract rep­re­sented an im­por­tant mile­stone in the de­vel­op­ment of the world-class Thun­der­bird project.

“GR En­gi­neer­ing has wel­comed the op­por­tu­nity to con­trib­ute to­wards bring­ing the project to an ad­vanced pre-ex­e­cu­tion phase and is now com­mit­ted to pro­gress­ing its safe and suc­cess­ful de­liv­ery for Sh­effield,” Mr Jones said.

Sh­effield pre­vi­ously en­gaged GR En­gi­neer­ing as its pre­ferred con­trac­tor to progress early works on the project in Oc­to­ber 2017.

The miner also se­cured a $240 mil­lion seven-year loan from Tau­rus Funds, which would be used to re­duce Sh­effield’s op­er­at­ing costs by at least $7.5 mil­lion ev­ery year over a 42-year mine life.

Sh­effield manag­ing direc­tor Bruce McFadzean said the agree­ments were a tremen­dous re­sult for share­hold­ers as they would sub­stan­tially de-risk Thun­der­bird and put the com­pany in a strong po­si­tion to move into con­struc­tion.

“Thun­der­bird has now se­cured $335 mil­lion of loan fa­cil­i­ties to en­able the project to pro­ceed, in­clud­ing long tenor in­fra­struc­ture loans from the Fed­eral Gov­ern­ment,” Mr McFadzean said.

Image:Sh­effield­Re­sources.

The vil­lage at Thun­der­bird was un­der con­struc­tion as part of Sh­effield’s ap­proved early works.

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