Last checked at 26 Jun 2019 07:00
Emmerson Plc / Ticker: EML / Index: LSE / Sector: Mining
26 June 2019
Appointment of Process Design Engineersas Feasibility Study for Khemisset Potash Project Continues to Advance
Emmerson Plc ("Emmerson" or "the Company"), which is focused on developing the low cost, high margin Khemisset Potash Project, is pleased to announce it has appointed Barr Engineering Co. ("Barr") as Process Design Engineers for the ongoing Feasibility Study.
Overview
· Barr appointed to deliver all process plant components of Feasibility Study, with results anticipated to be announced first half of 2020
· Barr to work closely with previously appointed Feasibility Study manager, Golder Associates (see announcement dated 7 May 2019)
· Process design to incorporate results of ongoing metallurgical testing; results of which anticipated in Q3 2019
· Barr have been appointed following a rigorous tendering process from a field of highly experienced international consultants
Hayden Locke, CEO of Emmerson, commented: "We are delighted to confirm the appointment of a firm with the credibility and expertise of Barr Engineering. Their wealth of experience in all types of mineral processing, and especially in potash, will add considerable value to the process which we are rapidly advancing.
"With the appointment of Barr, and the previous appointment of Golder Associates, we now have our two major consultant engineering groups working towards delivering a Feasibility Study in the first half of 2020. We will continue to keep the market informed on all workstreams within the Feasibility Study, and ultimately look forward to delivering an outstanding endorsement of the Khemisset Project."
About Barr
Barr is a leading US based engineering consulting services company with considerable international experience. Supported by a team of over 800 engineers, scientists, and technical specialists, Barr specialises in the development, management and operatorship of global natural resources project to a high standard.
Barr has significant experience in all facets of process design, including process evaluation and design, modelling, optimisation and feasibility. With decades of experience in potash and other evaporites, including in multiple process methodologies such as crystallisation, Barr are ideally placed to carry out Process Design Engineering on the Khemisset Project.
**ENDS**
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Notes to Editors
Emmerson's primary focus is on developing the Khemisset Potash Project located in Northern Morocco. The project has a large JORC Resource Estimate (2012) of 311.4Mt @ 10.2% K2O and significant exploration potential with an accelerated development pathway targeting a low capex, high margin mine. Khemisset is perfectly located to capitalise on the expected growth of African fertiliser consumption whilst also being located on the doorstep of European markets. This unique positioning means the project will receive a premium netback price compared to existing potash producers. The need to feed the world's rapidly increasing population is driving demand for potash and Emmerson is well placed to benefit from the opportunities this presents.