Whim creek SX/EW plant arrives in Kupang

Australia-listed firm Finders Resources Ltd. announced on Thursday that processing plant for Finders? Wetar copper project had arrived in the Indonesian port of Kupang in West Timor, Indonesia.

Finders Managing Director Chris Farmer said that the plant was shipped from Port Hedland in Western Australia and consists of more than 50 forty foot containers and 2,400 cubic metres of break bulk.

"The arrival of the equipment in Indonesia was another step toward realizing the potential of the Wetar copper project. It is another important milestone for Finders, and shows the steady progress we are making towards commercial development of the Wetar project. While there is a lot of hard work ahead for us at Finders, we are preparing for construction, after successfully de-risking the project during the demonstration phase,? Farmer said.

The SX/EW plant was successfully operating at the Whim Creek mine in Western Australia until 2009 and before that in Girilambone in NSW. The Whim Creek SX/EW plant has a nameplate capacity of 18,000 tpa and was purchased by Finders from Straits Resources.

Farmers said that the use of the Whim Creek SX/EW plant would a significant capital cost saving relative to construction of a new plant.

A small component of the plant will now be shipped to Surabaya for further refurbishment, with the .1 bulk of the plant being shipped direct to Wetar in due course. (ruly)