Flinders Resources Ltd. (TSXV:FDR) announced that it has bought flash floatation cells for its Woxna processing facility, located in Sweden. The price the company paid was “substantially below new cost,” although the cells are in almost-new condition.
As quoted in the press release:
The flash floatation cells have been purchased according to the design specifications in the Woxna Project Preliminary Economic Assessment (‘PEA’) flowsheet (see press release dated September 3, 2013). The cells were manufactured for another project but not installed so are in almost new condition. The cells are currently in transit and expected to arrive at the Woxna Project mine site in Sweden by March 2014.
The Company also announces that it has also commenced electrical and mechanical site works at the brownfield Woxna Project graphite processing plant facility. The contractors, who are locally based, are tasked with the refurbishment and installation of existing and new equipment on site.