Business
Update on Elandsfontein and Hinda projects
Update on Elandsfontein and Hinda projects.
About this update from Kropz Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2666T\n Kropz PLC\n 23 November 2021\n \n \n \n \n The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the \"UK MAR\") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n \n \n \n \n 23 November 2021\n \n \n Kropz Plc\n \n \n (\"Kropz\" or the \"Company\")\n \n \n Update on Elandsfontein and Hinda projects \n \n \n Kropz Plc (AIM: KRPZ), an emerging African phosphate developer, is providing updates for its Elandsfontein project (\"Elandsfontein\") located in the Republic of South Africa and its Hinda project (\"Hinda\"), located in the Republic of the Congo. \n \n \n \n \n \n Elandsfontein\n \n \n \n \n \n Significant progress continues to be made at Elandsfontein. The project schedule remains tight, however the project remains on track and within the original projected capital budget for commissioning in December 2021. These achievements have been realised against the backdrop of the COVID-19 pandemic.\n \n \n \n \n \n Site activities are currently split between finalising the piping installation and the electrical, control and instrumentation installation and early commissioning activities. \n \n \n \n \n \n Earthworks and civil construction are complete; the fabrication and erection of structural steel, platework and piping are complete and mechanical equipment is installed. \n \n \n \n \n \n Pre-commissioning (C2) activities are advancing well. The C2 activities largely entail testing signals from field instrumentation to the SCADA operating system, testing input/output signals for instruments and direction testing of electrical drives. \n \n \n \n \n \n C3 (or cold) commissioning has commenced in areas where installation is complete. Several tanks and thickeners have been filled with water to run through the leak detection process, before starting to pump water through the circuit.\n \n \n \n \n \n The piping installation progress was hampered by a nationwide ind...