Arccon arranges Memorandum of Understanding with Ironbark Zinc Limited and NFC

Arccon is pleased to announce that it has signed an exclusive non-binding MOU with Ironbark Zinc Limited to provide engineering and construction services for the development of the Ironbark Zinc Limited Citronen Zinc Project in Greenland, subject to the finalisation of a satisfactory EPC contract and project financing.

Arccon will provide the services in conjunction with its Alliance Partner the China Non Ferrous Industry’s Foreign Engineering and Construction Co., Ltd (NFC) who will assist Ironbark Zinc Limited with Project funding through one of the China export development banks.

Mr Robert Wilde, the Managing Director of Arccon (WA) Pty Ltd said: -

“Arccon is delighted to be part of the development of the Ironbark project in Greenland in conjunction with our engineering partners NFC.

This project increases our exclusive mandated project order value with Australian listed companies to over $3.0 billion.   The projects are to be delivered over the next three years subject to the finalisation of contract terms and financing.

Our partnership with NFC will deliver significant value to our clients by reducing project development costs and providing a service that will see more mineral projects developed around the world which is needed to satisfy future world demand for metals.”