Cost blowouts force TNG to push back Mount Peake FID

TNG has foreshadowed a capital cost blowout at the Mount Peake vanadium-titanium-iron project in the Northern Territory, as lead engineer Clough struggles to update equipment pricing and capital expenditure estimates in challenging market conditions.

Cost blowouts force TNG to push back Mount Peake FID Cost blowouts force TNG to push back Mount Peake FID Cost blowouts force TNG to push back Mount Peake FID Cost blowouts force TNG to push back Mount Peake FID Cost blowouts force TNG to push back Mount Peake FID

Mt Peake country

Clough was appointed in late-2021 to develop an optimised plant layout following TNG's move to keep the Tivan processing facilities on site at Mt Peake rather than in Darwin, and then engaged to

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