South Australian explorer Rex Minerals has named Ausenco as engineering partner to provide EPCM services for its 100%-owned Hillside openpit development in the Yorke Peninsula, targeting a final investment decision in the latter part of CY2022 on the 2Mt copper and 1.4Moz gold project.
Rex says the design will accommodate the potential future plant expansion from its base 6Mtpa to 8Mtpa by allowing it to transition to coarse particle flotation.
After raising $A50M in H2 2021, CEO Richard Laufmann says Rex is advancing the best financing options available.