Technology Metals Australia Ltd (ASX:TMT)’s Ian Prentice speaks with Proactive about its early works agreement with APA Operations Pty Ltd, a subsidiary of APA Group (ASX:APA), for the development of a pipeline to supply gas from the Perth Basin for the Murchison Technology Metals Project (MTMP), which is crucial for project moving forward. The TMT managing director explains how the development of the proposed pipeline is a significant step in de-risking the development of the MTMP, the world’s next large-scale primary vanadium mine. Early works will be progressed under the agreement including the preparation of licences, initial engineering design and identification of long lead procurement items. The companies will also negotiate the associated development and gas transportation agreements for the pipeline. Investors can also expect several milestones in the development of the project in the coming months.
Technology Metals works agreement is a step further in de-risking the MTMP