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- King River Resources (KRR) has progressed its high purity alumina (HPA) pre-feasibility study (PFS) for the proposed operations in Kwinana, WA
- PFS engineering studies have been completed by Cosmo Engineers, which will provide detailed capital and operating cost estimates
- On the economic side, FTI Consulting is completing the economic-financial model for the study
- Meanwhile, KRR continues to investigate with government agencies and private owners for an appropriate industrial site in the Kwinana area
- On the market this morning, KRR is in the grey and trading at 3.1 cents per share
King River Resources (KRR) has progressed its high purity alumina (HPA) pre-feasibility study (PFS) for the proposed operations in Kwinana, Western Australia.
PFS engineering studies have been completed by Cosmo Engineers, which will provide detailed capital and operating cost estimates.
Cosmo is currently finalising the engineering report and layout graphics for the PFS report.
Over on the economic side, FTI Consulting is completing the economic-financial model for the PFS.
KRR continues to investigate with government agencies and private owners for an appropriate industrial site in the Kwinana area located 30 to 40 kilometres south of Perth.
Kwinana industrial area is ideal as it has feedstock and reagent suppliers, infrastructure, port and energy supply.
Additionally, Source Certain International is helping KRR to build a mini-pilot plant to demonstrate its HPA refining process at a large scale for the Definitive Feasibility Study (DFS) and to produce market samples.
On the market this morning, KRR is in the grey and trading at 3.1 cents per share at 10:36 am AEST.
