TECHNICAL FEASIBILITY – Development matrix

Core project risks

Mitigation direction

  • Prompt ordering as design specs are available. Outsourced procurement function with MMg overview

  • Increase level of automation and look into use of AI in process operations.  Expand catchment area with incentives

  • Solid tender documentation and processes with clear use of contract structure (i.e FIDIC) and delivery bonification early involvement.

  • Clarity on mix of Cogen and solar needs with load shedding built in to process plant. Control of energy mix and ability to supplement.

  • Willingness to discuss alternative material solutions and early order placement. Use of tender platforms and bulking wherever possible

  • Ensure market scans are done frequently ensuring optimal quantities are sourced and if needed stock piled for transport optimisation

  • Early involvement of local authorities and strong stakeholder engagement from the outset. Ensure authorities are kept informed

  • Seek early funding involvement ensuring accurate forecasting of cashflow needs. Seek streaming finance and royalty options

  • Keep abreast of Chinese market news (CM Group tracker).  Continue focus on EU actions to level the playing field