Mount Peake Vanadium Project



Contact Details


  Jay Walker
  ICN - NT
  (08) 8951 5457
CONTACT EMAIL

  Locations: NT Australia
  Project Value: Stage 1 $560m
  Project Status: Definitive Feasibility Study (DFS)
  Project Owner TNG LIMITED

Project Details


TNG Limiteds 100%-owned Mount Peake Project is located in the highly prospective Arunta Geological Province, 235km north-north-west of the regional centre of Alice Springs in the Northern Territory. 

With the feasibility study due for completion in 2013, preliminary capital expenditure for stage 1 is estimated at $560m (2.5Mtpa) with stage 2 warranting a further $151m (5Mtpa).

The construction phase includes infrastructure such as roads, rail lines, power station, water supply, buildings, mobile equipment, accommodation village and a laboratory with infrastructure CAPEX costings of between $162m and $180m. 

Construction of the processing plant is scheduled to begin in the second half 2014 with TNG estimating first production by late 2015 plus a sustainable mine life of 23 years. Analytical and geophysical data collected for the Project demonstrated that it has the potential to develop as a significant vanadium project, comparable in size with other similar deposits currently at an advanced stage of evaluation and development in Australia. 

Preliminary scope of works required includes:

  •          Road Construction
  •          Rail construction
  •          Power station build and components
  •          Water supply, treatment and filtration services
  •          Buildings supply and or construct
  •          Mobile equipment
  •          Accommodation village including demountable buildings
  •          Laboratory Construction and components
  •          Data and communication systems
  •          Fire protection and security systems
  •          Equipment and vehicle hire
  •          Power transmission
  •          Pumps and assorted piping
  •          Instrumentation and control systems
  •          Cranage
  •          Labour hire
  •          Site works and Plant Utilities
  •          Processing plant - Crushing & Grinding circuits
  •          Solvent extraction technology, technical expertise

Companies are encouraged to submit their Expression of Interest (EOI) against 'General Opportunities'. Updates on project progression will be posted periodically until specific work packages are released.  

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Project Documents


General

  ▲ CONTRACT
21/08/17 Media Release Development Activities Update
05/04/17 Media release: Mount Peake Environmental Approvals Advance to Final Stages with Submission of EIS Supplement
01/02/14 Mount Peake Feasibility Study Progress Update
23/01/15 Media Release: TNG Awards Key Feasability Study Contracts to Snowden
13/04/15 Media Release: TNG discovers long-term water supply source
08/07/15 Media release: TiVAN Pilot Plant completed with exceptional results
24/08/15 Media release: TNG Receives Traditional Owner Clearance
07/09/15 Media release: Binding life-of-mine agreement signed
21/10/15 Media release: TNG appoints Project Manager for Mt Peake
26/10/15 Media release: Project and Equipment finance agreement signed
08/12/15 Media release: Hardman and Co DFS report
10/12/15 Media release: TNG Receives $1.8M from Research and Development Rebate
02/02/16 Media release: TNG signs binding agreement with SMS Group
11/02/16 Media release: Mount Peake mine EIS released for public comment
23/02/16 Media release: TNG signs development MOU with Downer
23/03/16 Media release: TNG signs Binding Term Sheet for Iron offtake
25/05/16 Media release: TNG signs Binding Term Sheet for Iron offtake
20/06/16 Media release: SMS group takes stake in TNG
05/07/16 Media release: Mount Peake mine development aquifer drilling commences
12/07/16 Media release: TNG signs agreement with Global Titanium group
20/09/16 Media release: TNG appoints Gresham for Mount Peake funding
10/10/16 Media release: TNG produces Electrolyte for Vanadium Redox Batteries
09/11/16 Media release: Traditional owner approvals received for Mount Peake
21/12/16 Media release: Update on Mount Peake EIS
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Work Packages


To submit an expression of interest, select the icon next to the work package scope you are interested in.

OPEN LISTINGS    AWARDED    CLOSED LISTINGS    OTHER
OPEN FOR EOI    INCOMPLETE EOI    EOI COMPLETED
STATUS       ▲ CONTRACT OPENS FULL
SCOPE
CLOSES
PARTIAL
SCOPE
CLOSES
DOCS FULL
SCOPE
EOI
PARTIAL
SCOPE
EOI
General Opportunities28 Jun 1331 Dec 1528 Dec 17
Register for any opportunities that may arise for this project.