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Pilot Plant Construction Complete, Mutamba Project
Pilot Plant Construction Complete, Mutamba Project.
About this update from Savannah Resources Plc
[{"type":"text","content":"\n \nRNS Number : 8787W Savannah Resources PLC 20 November 2017 \n\n \nSavannah Resources Plc / Index: AIM / Epic: SAV / Sector: Mining\n \n20 November 2017\nSavannah Resources Plc\nPilot Plant Construction Complete and Commissioning Underway, \nMutamba Mineral Sands Project, Mozambique\n \nSavannah Resources plc (AIM: SAV) ('Savannah' or 'the Company'), the AIM quoted resource development company, is pleased to announce that construction of the pilot plant for its bulk metallurgical test work programme at the Mutamba Mineral Sands Project in Mozambique, ('Mutamba' or the 'Project') is now complete (Figures 1-3). To view the press release with the illustrative maps and diagrams please use the following link:\nhttp://www.rns-pdf.londonstockexchange.com/rns/8787W_-2017-11-17.pdf \n \nHIGHLIGHTS:\n· Construction of the Project's 20 tonne per hour pilot plant is complete and commissioning is now underway\n· Pilot plant will produce bulk samples of concentrate for metallurgical and product test work\n· Test work to act as proof-of-concept for future development model - currently targeting first production in 2020 with estimated average annual production of 456,000t of ilmenite and 118,000t of non-magnetic concentrate over a 30-year life of mine\n· Commissioning is expected to be completed by the end of 2017\n \nSavannah's CEO, David Archer said: \"We are delighted to announce that the pilot plant construction is now complete, and commissioning is well underway in anticipation of an official opening in December. The pilot plant construction work has been completed on time and on budget and maintains the Consortium's fast-paced approach towards the Project including the delivery of a Scoping Study earlier this year.\n \n\"Upon completion of commissioning, the plant will provide concentrate bulk samples for analysis and the preparation of final products for test marketing. The completion of the plant is another key milestone for the Mutamba Consortium as we move the Project towards a development decision.\n \n\"In the meantime, the overall market setting for TiO₂ feedstocks continues to improve and new supply of TiO₂ feedstocks will be required to meet forecast demand and to ease anticipated market tigh...