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Euro Manganese Inc. has awarded the Engineering, Procurement, and Construction Management (EPCM) contract for its Chvaletice Manganese Project to Wood Australia Pty Ltd, following a rigorous selection process that evaluated cost, schedule, technical capacity, EU experience, and execution strategy.
The contract consists of two phases. Phase one, which is expected to last about a year, involves the Front End Engineering Design (FEED), including a gap analysis and in-depth review of the project's definitive feasibility study. The Final Investment Decision (FID) precedes the commencement of Phase two, which involves Engineering, Procurement and Construction Management.
Euro Manganese provided an update on the project's permit approval process, stating that securing outstanding permits and project finance are necessary for the Board to receive an FID. Wood will manage the overall project and construction during the EPCM phase, which includes detailed design, procurement, construction, and commissioning.