Haette mit meiner SP Projektion doch noch bis Montag warten sollen! An extensive refurbishment and upgrade program has been ongoing at KRP. Select infrastructure improvements at the Kutessay II mine site have also been completed. The following is a summary of works finished to date:
Repair and reconstruction of arc furnaces for rare earth metal production Work in storehouse for liquid reagents as per requirements for storage of toxic substances Permit approval from the Department of Drug Control and Usage for chemical reagents procurement and use in production process Installation of equipment at the ferrite chloride dissolution site Installation of equipment for filtration of oxalates of medium REE concentrates Installation of equipment at carbonate dissolution site Cleaning of 2,200 m sewage system Metallothermy site glazing Telecommunication, IT build out, and lighting installations Lifting beam crane repairs Maintenance and repair of window ventilation systems Repair of roofing of administrative and household building at the Kutessay II mine site Boris Aryev, Chief Operating Officer of Stans Energy said, "Our operational testing for Heavy Rare Earth Elements at KRP is proceeding on schedule. Our company has demonstrated the capability to produce not only oxides, but also metals, which command a significant premium to oxide prices. This achievement represents a substantial milestone in our corporate development. Stans has confirmed its capability to produce a wide variety of finished products, which are crucial to secure off take agreements and ultimately, project financing. I would personally like to congratulate KRP’s Director General, Mr. Victor Kashtanov, and his entire team on their achievements thus far." |