EMC Metals Corp (TSX:EMC) will commence preparation of a preliminary economic assessment to be completed at its New South Wales Nyngan Scandium Project. The company has selected Larpro Pty Ltd, of Brisbane, Australia, to prepare the report, which is slated to be complete by the last quarter of 2014.
As quoted in the press release:
Work on the PEA will be completed at Larpro’s offices in Brisbane, directed by Steve Laracy, Managing Director, along with a team of specialists with experience in hydrometallurgy specifically related to lateritic-type resources as found at Nyngan and elsewhere in Australia. The PEA will incorporate and be based on considerable metallurgical test work independently prepared for EMC over the previous four years, along with engineering, project design work and economic estimates done previously for EMC management. The PEA will also utilize existing environmental and detailed mine planning work done on the property, previously incorporated in prior studies.