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Fluor Awarded EPCM Contract for Ioneer’s Lithium and Boron Mine Project

| Editor: Ahlam Rais

Lithium is a key component in batteries used for electric vehicles, power tools, drones and other items.
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Lithium is a key component in batteries used for electric vehicles, power tools, drones and other items. (Source: Deposit Photos)

Fluor’s maiden lithium mine project in Nevada is expected to extract and process ore to produce 20,200 tonnes of lithium carbonate and 173,000 tonnes of boric acid every year.

Texas/USA – Fluor Corporation has recently announced that ioneer has selected Fluor to deliver its lithium and boron mine outside of Tonopah, Nevada in the USA. Fluor will initially provide a definitive feasibility study, and subsequently, engineering, procurement and construction management (EPCM) services as the project progresses. Fluor will book the feasibility study contract value in the fourth quarter of 2018 and expects to book the full EPCM contract value in 2019 dependent on a final investment decision.

The project is Fluor’s first lithium mine project in Nevada. The mine is expected to extract and process ore to produce 20,200 tonnes of lithium carbonate and 173,000 tonnes of boric acid, annually. Lithium is a key component in batteries used for electric vehicles, power tools, drones and other items. Boron is widely used in the glass industry to strengthen and increase heat resistance for glass cookware, laboratory glassware and glass screens used in mobile phones, tablets and liquid crystal display televisions. Boron is also used in fiberglass, insulation, electronics and as a micronutrient in agriculture.

The full notice to proceed on the EPCM phase is expected in 2019 with first production expected in 2021.

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