CITIC Heavy Industries Awarded Mt Bundy Ball Mill Contract
Hanking Gold (03788.HK) has selected CITIC Heavy Industries as the ball mill equipment supplier for its Mt Bundy gold project in Australia's Northern Territory. The company has paid an initial deposit to lock in the ball mill equipment based on the agreement with CITIC Heavy Industries.
Equipment Specifications
The selected ball mill is a significant upgrade from the feasibility study specifications:
- Power: 18 megawatts (MW)
- Dimensions: Φ7.92m × 13.12m effective length
- Drive system: Two 9,000 kW drive units
- Capacity guarantee: 688 tonnes/hour
- Grinding fineness: ≤75 micrometres
Project Progress Update
Hanking Gold provided comprehensive updates on the Mt Bundy project development:
- Gas pipeline: BOO model selected, optimal pipeline route identified, target gas supply by end of 2027
- Gas power station: Priority partner confirmed, core commercial terms agreed, generator sets reserved
- Access road: Road construction completed to plant site, clearing works commenced
- Worker accommodation: Civil works completed and accepted, 258-room facility installation underway
- EPC/EPCM contractor: Preferred contractor selected, final documentation in progress
- Mining and tailings: Tender documents being prepared, first-round invitations issued
CITIC Heavy Industries Capability
Headquartered in Luoyang, China with Australian subsidiaries for installation and after-sales service, CITIC Heavy Industries is a global first-tier ball mill equipment supplier. The long-standing partnership with Hanking Gold includes supply of core mineral processing equipment for domestic mining operations.
This selection of a larger, higher-performance ball mill than the feasibility study specification demonstrates Hanking Gold's commitment to maximizing gold recovery rates and production flexibility at Mt Bundy.
