Magnis finds power solution for Nachu
PERTH (miningweekly.com) – The Nachu graphite project, in Tanzania, is a step closer to development after owner Magnis Resources signed a power development agreement with US group Symbion Power.
Under the terms of the agreement, announced on Monday, Symbion would provide a power solution for the Nachu project by developing and operating a 30 MW gas-fired power station, an associated substation and a 132 KV transmission line to connect the graphite project to the main power grid.
“Magnis has closely studied a variety of power supply options for Nachu and we believe this agreement represents the most attractive and viable pathway to provide a stable power supply for Nachu,” said Magnis chairperson Frank Poullas.
Magnis would undertake further detailed work and complete an environmental impact assessment for the power project.
Upon demonstrating the technical, economic and environmental feasibility of the power project, Symbion would be responsible for funding, developing and building the infrastructure, with the Nachu project acting as offtake partner.
The Nachu project was expected to deliver about 220 000 t/y of graphite concentrate over a mine life of 15 years and could be developed at a capital cost of $269-million.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation