AEMA, coalition launch legal challenge to BLM Conservation and Landscape Health Rule
The American Exploration & Mining Association was joined by a coalition in filing a challenge last Friday in the Wyoming district court.
DUBBO ZIRCONIA PROJECT (DZP) – zirconium, hafnium, niobium, yttrium, rare earth elements
Australian Zirconia Ltd (AZL) 100%
EARLY CONTRACTOR INVOLVEMENT (ECI)
AZL has entered into an agreement with Outotec, a global minerals and metals processing technology supplier, to conduct an Early Contractor Involvement (ECI) process in order to find further value in the project design produced by the extensive FEED completed in August 2015 (ASX Announcement 27 August 2015). Through the tendering process for the project conducted during the FEED, AZL identified Outotec as a preferred supplier for many of the processing packages. The intention of the ECI is to identify further value opportunities for project execution, both in application of technology and cost reductions.
After the initial phase of the ECI, the intention is for Outotec to execute the process plant segment of the scope for AZL on an Engineering, Procurement & Construction (EPC) basis. This has the dual advantages of developing a key technology and support relationship and capping the execution risk for AZL.
The signing of the ECI is another important step in the development of the Project and will aid compilation of the financing package. Discussions on the financing are advancing and are run in parallel and in conjunction with completing product off-take agreements.
Full Announcement available here.
About Outotec:
Outotec designs and delivers tailored solutions for minerals and metals processing, water treatment, and producing energy from biomass and wastes. Outotec’s unique position at the forefront of these industries is founded on a century of scientific and operational knowledge and a wide range of applications for virtually all types of ores and minerals.
Outotec has a strong market position across the entire value chain from ore to metals. Outotec, headquartered in Finland, operates globally, has offices or operative units in 30 countries and sells products and services to over 80 countries. Outotec has been listed on the NASDAQ OMX Helsinki Oy since 2006.
Outotec has a current market capitalisation of €776 million (A$1.23B) and sales revenue averaged €1.8 billion (A$2.8B) over the last three years. Further information about Outotec can be found on their website at: http://www.outotec.com/
