{
  "language": "en",
  "interfaceLanguage": "en",
  "url": "https://voltformer.com/news/lycopodium-yanqul-epcm",
  "slug": "lycopodium-yanqul-epcm",
  "category": "epc-contractors",
  "publishDate": "2023-12-22",
  "sourceName": "Lycopodium",
  "sourceUrl": "https://www.lycopodium.com/wp-content/uploads/2023/12/Yanqul-Copper-Gold-Project-EPCM-Contract_-Announcement_FINAL.pdf",
  "readingTimeMinutes": 2,
  "tags": [
    "Lycopodium",
    "EPC"
  ],
  "content": {
    "title": "Lycopodium awarded Yanqul Copper-Gold EPCM",
    "summary": "Lycopodium announced an EPCM award from Mazoon Mining, a subsidiary of Minerals Development Oman, for the Yanqul project. The scope includes a 1.65 Mtpa processing plant, related infrastructure and management of non-process-plant contractors; the contract was approximately A$45m. Notice to proceed was immediate, with a Q1 2024–Q2 2026 schedule forecast in the 22 December 2023 release; actual completion is unverified.",
    "sections": [
      {
        "heading": "Reported scope and milestone",
        "paragraphs": [
          "Lycopodium announced an EPCM award from Mazoon Mining, a subsidiary of Minerals Development Oman, for the Yanqul project. The scope includes a 1.65 Mtpa processing plant, related infrastructure and management of non-process-plant contractors; the contract was approximately A$45m. Notice to proceed was immediate, with a Q1 2024–Q2 2026 schedule forecast in the 22 December 2023 release; actual completion is unverified."
        ],
        "sources": [
          {
            "name": "Lycopodium",
            "url": "https://www.lycopodium.com/wp-content/uploads/2023/12/Yanqul-Copper-Gold-Project-EPCM-Contract_-Announcement_FINAL.pdf"
          }
        ]
      },
      {
        "heading": "Engineering interpretation",
        "paragraphs": [
          "Engineering interpretation: EPCM includes management of contractors outside the process plant, making interface definition important across plant and infrastructure work. The schedule and capacity are design/forecast parameters; no source here confirms actual completion or throughput."
        ],
        "sources": [
          {
            "name": "Lycopodium",
            "url": "https://www.lycopodium.com/wp-content/uploads/2023/12/Yanqul-Copper-Gold-Project-EPCM-Contract_-Announcement_FINAL.pdf"
          }
        ]
      },
      {
        "heading": "Delivery responsibilities",
        "paragraphs": [
          "Under EPCM, the engineering firm coordinates design, procurement and construction management while the owner’s contracts define who supplies and builds each package. Procurement records, drawing revisions and site work need a common technical baseline. Acceptance responsibilities should cover equipment testing, quality records and commissioning interfaces. A management appointment therefore needs to be read with its authorized work scope; it does not establish a fixed-price turnkey commitment or prove that the facility is already producing at its planned rate."
        ],
        "sources": [
          {
            "name": "Lycopodium",
            "url": "https://www.lycopodium.com/wp-content/uploads/2023/12/Yanqul-Copper-Gold-Project-EPCM-Contract_-Announcement_FINAL.pdf"
          }
        ]
      }
    ]
  },
  "companies": [
    {
      "slug": "lycopodium",
      "name": "Lycopodium",
      "href": "/epc-contractors/lycopodium",
      "website": "https://www.lycopodium.com/",
      "aliases": [
        "Lycopodium",
        "ليكوبوديوم",
        "Lycopodium Limited"
      ]
    }
  ]
}