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Blackstone Minerals (ASX:BSX) appoints lead contractor for Ta Khoa study

ASX News, Materials
ASX:BSX      MCAP $27.25M
03 May 2022 08:56 (AEST)

Ta Khoa project in Vietnam. Source: Blackstone Minerals

Blackstone Minerals (BSX) has appointed a primary consultant for its definitive feasibility study for the Ta Khoa nickel project in Vietnam.

Blackstone, a 90 per cent interest owner of Ta Khoa, has contracted GR Engineering Services (GRES) as the primary consultant for the delivery of the project’s upstream definitive feasibility study.

As the primary consultant, GRES will focus on the delivery of major work streams including metallurgical test work and co-disposal tailings storage, along with coordinating and collating information from other key work streams.

Blackstone said GRES has an excellent reputation with financing institutions, providing confidence in completed feasibility studies.

Blackstone’s Managing Director Scott Williamson said the company is delighted to appoint GRES to drive the delivery of the feasibility study.

“GRES adds to an already impressive team of engineers that are contributing to the design and development of the Ta Khoa Project,”

“Blackstone continues to de-risk its development strategy both from a technical and funding perspective, and looks forward to updating the market as we take key steps towards a final investment decision,” he said.

Blackstone Minerals was down 2.74 per cent, trading at 35.5 cents at 10:05 am AEST.

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