New Caledonia Nouvelle-Calédonie - Business Advantage ...
New Caledonia Nouvelle-Calédonie - Business Advantage ...
New Caledonia Nouvelle-Calédonie - Business Advantage ...
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CREDIT: SMSP<br />
works are well advanCed at the vaouto<br />
site in new <strong>Caledonia</strong>’s north provinCe.<br />
KONIAmBO<br />
CONSTRUCTION<br />
SITE BRImmING<br />
WITH ACTIVITY<br />
With a budget of US$3.8 billion (around 370<br />
billion Francs XPF) and more than 2000<br />
employees currently working on the Vavouto<br />
site—a figure that will increase to more than<br />
6000 when the construction reaches its peak<br />
in 2011—the North plant construction site in <strong>New</strong> <strong>Caledonia</strong> is<br />
considered to be one of the biggest construction sites in the world.<br />
A RELIABLE PROCESS FOR AN<br />
ABUNDANT mINERAL RESOURCE<br />
Koniambo Nickel SAS (KNS), a joint venture responsible<br />
for the operation of the pyrometallurgical treatment plant, is<br />
implementing economical and energy efficient nickel smelting<br />
technology first developed by Falconbridge. It does not require the<br />
use of autoclaves or complex circuits, which means there is reduced<br />
technological impact.<br />
RESPONSIBLE AND COmmITTED<br />
PARTNERS<br />
SMSP is a partner holding 51% of the capital in the KNS joint<br />
venture that was created to develop the vast mineral deposit in<br />
the Koniambo massif. Its partner, Xstrata Nickel, which holds<br />
49% of the capital of KNS, is the subsidiary and nickel branch of<br />
Xstrata Plc. In the initial phase of the project, SMSP contributed<br />
the deposit at Koniambo and the advantages provided by its local<br />
12<br />
NICKEL mINING<br />
The Koniambo massif remains one of the largest and richest untapped nickel deposits in the<br />
world, and it constitutes a long-term asset for both SMSP and its partner, Xstrata Nickel.<br />
implantation and Falconbridge (taken over in 2006 par Xstrata<br />
Nickel) contributed the feasibility studies. Today, Xstrata Nickel<br />
stands as guarantor for the financing and is responsible for the<br />
techvnical and operational management of the project.<br />
THE WORKS SCHEDULE IS RESPECTED<br />
With more than 57% of the work achieved (as of July 2010),<br />
the North plant is on track to be able to begin processing its first<br />
minerals in 2012 and to then reach its annual production capacity<br />
of 60,000 tonnes of nickel in the form of ferronickel in 2014.<br />
At Vavouto, the development of the site facilities, the civil<br />
engineering works and the excavations for the plant, the thermal<br />
power plant, the installations for preparing the mineral and the<br />
placement of the ocean outfall are underway. The dredging of the<br />
access channel to the port, which has a total length of 5 km, is<br />
operational and the main quay, which became operational in early<br />
June, enables the material to be delivered that is necessary for the<br />
construction of the power plant and the assembly of the plant<br />
modules (the first of which arrived in early September). On the<br />
mining side, the excavations works for the access road and for the<br />
land conveyor which is 11.5 kms long and the preparation work for<br />
the screening and crushing of the mineral is well advanced.