NETC signs mining planning and design contract for Shougang Peruvian Iron Ore
2020-02-26 16:19:39 [Print]
On November 22, 2019, NETC received the bid-winning notice from Shougang Peruvian Iron Ore, and then immediately organized the work for the project. On February 23, 2020, NETC received the mining planning and design contract, which indicated that the project entered a critical stage.
The proved geological reserves of the project are more than 2 billion tons and the average grade of iron ore is higher than 50%. The project has huge resources and high product quality. Based on 8 million tons of iron concentrate per year in the old area, the company has formed the capacity of 10 million tons per year in the new area in 2019.
The main design work includes: Studying the recoverable reserves of new and old fields, choosing a reasonable development and transportation system, determining the production scale and service time of each field, coordinating supply to the new and old fields, and planning the scale and products for the second-phase. The basic design for the project is expected to be completed in May 2020 and the detailed design is expected in November 2020.
The proved geological reserves of the project are more than 2 billion tons and the average grade of iron ore is higher than 50%. The project has huge resources and high product quality. Based on 8 million tons of iron concentrate per year in the old area, the company has formed the capacity of 10 million tons per year in the new area in 2019.
The main design work includes: Studying the recoverable reserves of new and old fields, choosing a reasonable development and transportation system, determining the production scale and service time of each field, coordinating supply to the new and old fields, and planning the scale and products for the second-phase. The basic design for the project is expected to be completed in May 2020 and the detailed design is expected in November 2020.
