Metals hopeful TNG has signed a heads of agreement (HoA) with global engineering firm SMS Group to design and construct the TIVAN downstream refinery at the Mt Peak vanadium-titanium-iron project, in the Northern Territory.
Under the HoA, SMS would undertake a full due diligence of all the relevant aspects of the Mt Peak definitive feasibility study (DFS), as it relates to the TIVAN refiner, and would provide detailed engineering, design and final costings for tender for the refinery.
