RCR Tomlinson Ltd (ASX: RCR) is pleased to announce that it has received a notice to proceed from Pilbara Minerals Limited (ASX: PLS) for the construction of the 2Mtpa processing plant at the Pilgangoora Lithium-Tantalum Mine.
As announced on 18 January 2017, RCR’s Engineering, Procurement and Construction (“EPC”) contract with Pilbara Minerals, valued at approximately $148 million was awarded in two stages with stage 2 construction works subject to Pilbara Minerals completing its final investment decision.
With front-end engineering and design (stage 1) already complete, construction work (stage 2) will commence immediately.
RCR’s Managing Director and CEO, Dr Paul Dalgleish said “We are pleased to be supporting Pilbara Minerals for this significant Lithium development.
"Work will commence immediately on the Project and it will contribute to our FY18 earnings,” said Dr Dalgleish.