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: focus on rapid production within 18 months of new financing.

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 facility is designed by Consulmet, a world leader in dense media separation technology. This approach streamlines operations, reduces costs, and boosts recovery of high-value minerals.

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.