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July 29, 2022

Five largest metals and material extraction and processing plant construction projects initiated globally in Q2 2022

By Carmen

Here are the largest metals and material extraction and processing plant construction projects initiated globally in Q2 2022, according to GlobalData’s construction projects database.

1. Nickel Processing Plant – $3,500m

The project involves the construction of a nickel sulfate processing plant with a production capacity of 150,000 tons of nickel sulfate per year in Central Java, Indonesia.

Construction work started in Q2 2022 and is expected to be completed in Q4 2026.

The project aims to produce 150,000 tons of nickel sulfate per year.

2. Olive Downs Project – $745m

The project involves the development of an open-cut coal mine with a production capacity of 15 million tons per annum of coking coal near Moranbah, Queensland, Australia.

Construction work commenced in Q2 2022 and is expected to finish in Q4 2033.

The project aims to generate substantial economic benefits for the State of Queensland. It is a Coordinated Project under the Queensland State Development Act.

3. Guthrie Recycling Center – $365m

The project involves the construction of a recycling center with a processing capacity of 240,000 tonnes per annum Guthrie, Kentucky the US.

Construction work started in Q2 2022 and is forecast to complete in Q4 2024.

The project aims to expand production capacity in the region.

4. Kalgoorlie Cracking and Leaching Processing Plant – $354m

The project involves the construction of a cracking and leaching processing plant in Kalgoorlie, Western Australia, Australia.

Construction work commenced in Q2 2022 and is expected to be completed in Q3 2023.

The project aims to support the critical minerals industry in Australia.

5. Muga Potash Mine Development – $354m

The project involves the construction of a potash mine in Navarre, Spain.

Construction work started in Q2 2022 and is expected to be completed in Q4 2024.

The potash project is expected to generate up to 1,000 jobs during the construction phase, and approximately 500 direct jobs and 900 indirect jobs for operations and maintenance of the mine when it starts production.

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

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