Liontown Resources Limited (ASX: LTR) has awarded the EPCM Contract for the Kathleen Valley Lithium Project in Western Australia to Lycopodium Minerals Pty Ltd.
The appointment of Lycopodium follows its successful completion of the engineering services for the Definitive Feasibility Study (DFS) in November 2021 and agreement of key commercial terms.
Lycopodium will provide the engineering design, procurement of equipment and materials, construction management, pre-operational testing and commissioning services for the processing facilities and associated non-process infrastructure at Kathleen Valley.
Since completion of the DFS, Lycopodium has been providing the Front-End Engineering Design (FEED) services under a preliminary services agreement. As a result, the DFS engineering team was retained and detailed engineering is well advanced, enabling the company to award over 75% of mechanical equipment long-lead items as well as awarding total process plant and non-process infrastructure packages with an estimated value of A$103 million, ensuring that the Project remains on schedule.
“Awarding the EPCM Contract is another significant milestone for Liontown and the development of Kathleen Valley,” Liontown’s Managing Director and CEO, Tony Ottaviano, said.
We are delighted to have appointed a company of Lycopodium’s stature and capability, building on their long-standing involvement with the Kathleen Valley Project in overseeing testwork, piloting and design since 2018.
“We believe Lycopodium is an ideal engineering and construction partner, with substantial experience in mineral processing plant design and construction expertise, making it ideally placed to deliver the Project.”
Lycopodium’s Managing Director, Peter De Leo, said Kathleen Valley is a lithium project of global significance that will supply vital battery minerals to the burgeoning electric vehicle and energy storage industries.
“Having worked with Liontown through the evaluation and study stages, we are extremely pleased to have the opportunity to continue into the engineering and construction phase of this exciting project.”
For further information please visit: https://www.ltresources.com.au/
