Sinosteel MECC selected as EPC Contractor for Browns Range
Filed with ASX · · 4 pages · English
Summary by 6ix AI
Northern Minerals Limited has announced the selection of Sinosteel MECC as the Engineering, Procurement and Construction contractor for the Browns Range Pilot Plant project. A non-binding Memorandum of Understanding has been signed, allowing Sinosteel MECC to defer a portion of payments for a specified period, with an option to convert these payments into shares. The contract for the Pilot Plant is estimated to be significant, covering various facilities and infrastructure necessary for the project. This partnership is seen as a strong endorsement of Northern Minerals' vision for the Browns Range Project, which aims to produce dysprosium outside of China.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Northern Minerals Limited on 6ix
Story so far
Earlier from Northern Minerals
- S&P DJ Indices Announces March Quarterly Review
- Transaction Update Huatai Mining
- 2015/2016 R&D Rebate Received
- Huatai Mining investment gets FIRB green light
- Rare Earths pilot plant gets Government tick of approval
Later from Northern Minerals
- Browns Range Pilot Plant drilling commenced
- Chinese equity investor reconfirm commitment to Browns Range
- DMP approves Mining Proposal for Browns Range Pilot Plant
- EPC contract executed with Sinosteel MECC for Browns Range
- Northern Minerals grants Huatai Mining extension for funding
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