High purity alumina plant study puts AMMG in good opex position
Published: Thursday, 05 June 2014
The integrated plant study shows how the company has worked to slash costs and come up with a competitive capex and opex. The company’s lower costs are particularly significant given that comments at this year’s Bauxite and Alumina conference dismissed HPA projects such as this one as not being cost effective, but with a general indication of less than $20/kg the company looks set to be a low-cost producer – providing it secures an offtake partner.
Australia Minerals and Mining Group Ltd (AMMG) today said that a
new study shows that its planned high purity alumina
(HPA) pilot plant has a capex of under $10m, using a base case
of two tpd.
The studys capex and opex estimations for the
integrated plant are significantly lower than...