Kogi Iron Limited (ASX: KFE) reported to the market that the Beneficiation phase of the testwork has been completed on schedule. The next phase of the testwork is the Smelting and our consultants have indicated that this will be completed by end of February 2018 as currently targeted. The final phase which is the Converting testwork will commence after that and is expected to be completed by end of April 2018. Completion of a detailed flowsheet design and report will then take place.
The aim of the testwork is to definitively confirm the flow sheet for the treatment of Kogi ore to steel billets. The outcome from this testwork will be used to define the final design criteria to complete the Definitive Feasibility Study and ultimately to facilitate both debt and equity funding for the Project.
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