Pre-Feasibility Studies
TZMI's experience in the evaluation of new projects has included assessments of potential products, including quality requirements, likely consumers, product pricing and market entry strategies. TZMI also provides management of process testwork and flowsheet development, leading to estimates of capital and operating costs. Of increasing interest to the proponents of new projects is TZMI's ability to provide a realistic assessment of cost competitiveness compared to both existing producers and other potential new projects.
Case Study
On behalf of a potential new entrant to the industry, TZMI managed a pre-feasibility study of a project based on an undeveloped resource in a potentially new area for mineral sands production. TZMI managed the resource assessment, using local geological consultants, conducted mineralogical investigations in Australia and managed a programme of metallurgical testwork at Australian laboratories. Based on the results of the testwork, TZMI prepared indicative estimates of operating costs and assessed the marketability of products and their potential prices. As a result, the project economics were shown not to be sufficiently robust to warrant proceeding with more definitive studies.
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