Toronto-listed Giyani Metals Corp says Wood will lead the definitive feasibility study on its K.Hill manganese project in Botswana.
Scotland-headquartered Wood has in-country and deep hydrometallurgical expertise.
Giyani said construction of its demonstration plant was progressing, with battery-grade manganese (HPMSM) product expected in Q4 2024 for offtake testing and qualification.
“Technical and cost data from the operation of the demo plant will be utilised for the DFS,” management said.
“In addition to data from the demo plant, the DFS will utilise Giyani’s existing proprietary process which has been developed from extensive hydrometallurgical testwork undertaken over the last five years.”
Giyani CEO Danny Keating said Wood could “seamlessly transition from the DFS into commercial plant construction once we have secured project financing”.
Keating said the circa-15-month DFS would coincide with demonstration plant activity, licensing and permitting, and work on project financing and offtake agreements.
Giyani secured US$26 million in the March quarter this year from two strategic partners, ARCH Sustainable Resources Fund LP and the Industrial Development Corporation of South Africa.
