Lumps plant does not use tailings ponds or need a GWD permit.
As I understand it, the metspar lumps plant is dry and does not use a tailings pond nor require a groundwater discharge permit. The lumps process breaks down and separates the ore. The ore quality out of the ground is high quality which makes the metspar usable in the steel and aluminum industries even with this minimal processing. This is the processing plant that is being worked on now with electric and conveyor belts mentioned in this week’s press release. I suspect Ares will be selling some metspar this year perhaps even this summer.
Ares work continues on getting the permitting and site planning done for the construction of the flotation plant required for the acidspar processing which is where the government contract and the Found Metals MOU come in. The company mentioned last year (prior to the county planning board meeting) that they thought they’d be able to get the flotation plant construction started in the Fall of this year. But the recent construction permit contingencies include a 30 day notice public hearing on the GWD permit and construction of the tailings pond likely won’t start until after this has been done especially since its location on the property appears to be one of the sticking points. Once construction is done which will likely take at least as long as the lumps plant, there will be a whole new process of getting operations inspections and permits for the flotation plant. I suspect flotation plant production is more than a year out.
Short term, getting to revenue and achieving the rebirth of the fluorspar mining industry in America will be with the lumps plant production of metspar for the steel and aluminum industries.
I post this because I think there is some confusion as to what’s coming online and when and specifically where the government contract and the new Found Metals MOU fit in the scheme of things.