New Development Plan

The historical project plan, as defined in the 2011 Feasibility Study, called for an investment of $620M USD in a Hydromet facility at the mine site. This plan was fundamentally non economic and coupled with low resource prices led to the failure of Geocam.

ARM has developed a fundamentally different approach: a clean permit, rapid production following new financing, and a modular plant that grows with the project rather than ahead of it.

ARM's plan centers on a new metallurgical process using Dense Media Separation (DMS) to produce a mixed Ni-Co concentrate. The plant uses magnetic separation to further refine the ore, improving efficiency while dramatically reducing upfront capital requirements.

The DMS plant will be managed and engineered by Aeternum Resources, the consortium’s project delivery partner, drawing on its team’s record of engineering and commissioning mineral processing facilities across Africa.

The processing facility will be located at the mine site, resulting in a significant reduction of transportation costs by producing an easily exportable concentrate at a sought-after grade, rather than exporting low-grade DSO (Direct Shipping Ore).

The process involves crushing, scrubbing, sorting, magnetic separation, and dense medium separation (DMS). This pre-concentration technique removes gangue minerals by leveraging the difference in specific gravities between valuable and waste materials.

The on-site facility approach means that only high-value concentrate is transported to the Kribi seaport, dramatically improving project economics and reducing the environmental footprint of logistics operations.