Feasibility Study

Rice and chicken feasibility study to commence

Wilmar CEO & Chairman, Khoon Hong Kuok said this in a meeting today with the Minister for International Trade and Investment, Richard Maru in Singapore.

Over K20b needed for Frieda River Project

This includes the cost of the mine development, process plant, Integrated Storage Facility (ISF) and hydro-electric power plant, road construction and airport upgrades and power transmission network.

This is revealed in the Feasibility Study presented to Highlands Pacific Limited by project manager PanAust Limited.

The Feasibility Study also proposed a much longer mine life of 33 years, compared with 17 years in the prior study.