Business
Crushing and Screening Contractor Secured
Crushing and Screening Contractor Secured.
About this update from Alien Metals Ltd
[{"type":"text","content":"\n\n\n \n \nTrading Symbols\nAIM: UFO\nFWB: I3A1\n30 August 2023 \n \nAlien Metals Ltd\n(\"Alien\" or \"the Company\")\n \nPreferred Crushing and Screening Contractor Secured\n \nAlien Metals Ltd (AIM: UFO), a global minerals exploration and development company, is pleased to announce that its wholly-owned subsidiary Iron Ore Company of Australia Pty Ltd (\"IOCA\") has selected Rapid Crushing & Screening Contractors Pty Ltd (\"Rapid Crushing\") as its preferred supplier to undertake the crushing and screening operations at the flagship Hancock Iron Ore Project (\"Hancock\" or the \"Project\") in the Pilbara region of Western Australia.\nIOCA has conducted a competitive market engagement over the previous six months to identify commercially and technically adept contractors to undertake works as part of the Hancock development and operations. This process has involved pre-qualified and targeted proponents, submitting bids for specific scopes of works and agreeing to key commercial terms.\nRapid Crushing is a market leader in Iron Ore, having previously worked with Pilbara Iron Ore giants, Fortescue Metals Group and they are the incumbent contractor at Galaxy Lithium for the past six years, with that work continuing. The selection of Rapid Crushing for crushing services reinforces the assumptions made within the Scoping Study to deliver a C1 cost of approximately US$60 per tonne (\"/t\").\nHighlights\n· Rapid Crushing is one of the largest, privately and independently owned crushing contractors in Australia.\n· &nbs...