Vital Metals Reports Additional Savings at Watershed Tungsten Project
Vital Metals (ASX:VML) reported that additional flowsheet optimization for its Watershed Tungsten project in Queensland will allow for further significant opportunities to reduce capital and operating costs.
Vital Metals (ASX:VML) reported that additional flowsheet optimization for its Watershed Tungsten project in Queensland will allow for further significant opportunities to reduce capital and operating costs.
As quoted in the press release:
As reported in the September 2014 Definitive Feasibility Study, the Watershed flotation circuit required two separate water circuits. The work completed recently by GZRINM has shown that, by applying a subtle modification of reagents, only one water circuit is now required.
This will reduce the amount of equipment required for the process plant which in turn should result in a reduction of around 10% in the cost of the mechanical eqipment required.
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