TNG inks deal with McMahon Services to develop Mount Peake site

TNG's Mount Peake titanium-iron project

TNG has signed a contract with construction group McMahon Services to progress the non-process infrastructure (NPI) for its Mount Peake titanium-iron project in the Northern Territory.

The engagement encompasses both the Mount Peake mine site, 235 kilometres north of Alice Springs, and the Darwin Tivan processing facility.

Mount Peake, which is TNG’s flagship site, produces high quality and high purity metal products, including vanadium pentoxide, titanium dioxide and iron ore fines.

The agreement will be undertaken in conjunction with the front-end engineering and design study for the project, which is being progressed by German-based metallurgical engineering company, SMS group.

The NPI requirements for the project include haul roads, airfield upgrades, concentrate handling infrastructure, water and power infrastructure, accommodation facilities and concentrate storage facilities.

As part of the deal, McMahon will also advance the existing NPI planning developed by TNG, including finalising the scope of work and scheduling across both sites.

McMahon will work collaboratively with TNG to develop tendering documents and implementing the strategy and delivery framework for the NPI works packages.

This extends to approvals, capital budgeting and detailed project scheduling that will enable progression into the detailed design and ultimately construction phases with selected contractors.

TNG managing director and chief executive officer Paul Burton said the deal allowed the company to continue the planning and development at Mount Peake.

“We have been able to establish a global network of high-quality partners in the fields of engineering, project financing and product off-take to help us advance this world-class project towards financing and construction,” he said.

“We are delighted to add McMahon Services – a high calibre Australian contractor with an existing strong footprint in the Northern Territory – to our project development team.”

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.