Future Works: Reed ResourcesA Memorandum of Understanding has...

Future Works: Reed Resources

A Memorandum of Understanding has been signed between Chinese conglomerate NFC, Perth-based Reed Resources and Arccon for the financing, construction and development of Reed Resources' Barrambie Vanadium Project in Western Australia.
The project is recognised as one of the world's highest grade vanadium deposits with projected production of around 12,000 tonnes of Vanadium Pentoxide (v205) per annum. This agreement formalises previous discussions regarding the provision of an Engineering, Procurement and Construction ("EPC") style contract and project financing.
To be awarded Q1 2012
US$489m



A Memorandum of Understanding has been signed between NFC, Marengo Mining Limited and Arccon for the financing, construction and development of the Yandera Copper-Molybdenum-Gold Project in Madang Province, Papua New Guinea.
The project will produce 300,000tpa of copper concentrate, 6500 tonnes of molybdenum concentrate and 40,000oz of gold per annum for 20 years.

US$1.4b


A Memorandum of Understanding has been signed between NFC, Poseidon Nickel and Arccon for the financing, construction and development of a 300,000tpa nickel sulphide concentrator for its Mt Windarra nickel project. Arccon will act as the local design and installation engineer.


Q1 2012 - 35 MILLION UNDER MOU....THIS MUST BE DUE FOR RELEASE!!

A MOU has been signed between NFC, Arccon and Ironbark for the financing, construction and development of Ironbark’s 11b pound zinc and lead project known as Citroyen in Greenland. T ailings thickeners 2 – 90m diameter thickeners Design and construct
Pump stations, concentrator foundations, pipe supports, dust suppression supports etc.
tbd


to name a few....MMM