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Blackstone Minerals' board of directors approve first phase pilot plant work and DFS at Ta Khoa Refinery
Early design works for piloting have been completed, with procurement of equipment to begin in the current quarter
The first phase of piloting and the TKR DFS are fully funded from existing cash reserves.
Blackstone Minerals Ltd (ASX:BSX, OTCQX:BLSTF, FRA:B9S)’s board of directors have approved the first phase of pilot plant work at the Ta Khoa Refinery (TKR) in Vietnam, as well as the definitive feasibility study, following compelling pre-feasibility study (PFS) outcomes.
The first phase of piloting will be designed to process 20 kilograms per hour of nickel concentrate feed and will produce approximately 1.75 kilograms per hour of nickel in nickel-cobalt-manganese (NCM) products.