Lycopodium Lands $37 Million Contract for Bolivian Silver Project
Synopsis
Lycopodium has won a $37 million contract to design and manage construction of a new silver oxide processing plant in Bolivia, with completion targeted for 2030.
Key Highlights
- Lycopodium won a $37 million EPCM contract for the silver oxide project in Bolivia.
- The new plant will handle 15,000 tons per day of oxidised material.
- The project is expected to be completed by the year 2030.
Lycopodium has been awarded a $37 million Engineering, Procurement and Construction Management contract for the San Cristóbal Silver Oxide Project in Bolivia.
The company will design and oversee the construction of a new 15,000-tonnes-per-day processing plant alongside the existing operation. The facility will process oxidised material to produce silver doré.
Expansion of Existing Operation
The project represents a brownfield expansion alongside the existing 52,000-tonnes-per-day sulphides processing plant. The San Cristóbal Mine is one of the world’s largest open-pit silver, zinc and lead operations. The new facility will enable the sulphide and oxide plants to operate side-by-side.
Work to Begin Immediately
Lycopodium said work will start immediately, with completion expected by 2030. The contract remains subject to the client’s final investment decision.
Teams from Lycopodium’s Toronto, Lima and Argentina offices will contribute to the project. Design and construction will be carried out at an altitude of more than 4,000 metres above sea level.
Source: Mootley Fools
At Inspirepreneurs Magazine, covering entrepreneurship, business failures, and the human stories behind the world's most ambitious founders. She writes at the intersection of strategy and storytelling.
You Might Also Like
How Australia’s 5G and digital infrastructure boom opens doors for startups
Are You Using the Right Conflict Management Skills for Better Communication?
