Viridis Places First Major Equipment Order for Colossus

Key points

• Viridis places first major equipment order for Colossus
• Residue pressure filtration package awarded to Dewater
• Supports targeted first production in 2028

Full summary

Viridis Mining and Minerals Limited (Viridis) has announced the placement of its first major equipment purchase order for the Colossus Rare Earth Project (Colossus), awarding the residue pressure filtration package to Dewater Filter Press Srl. This critical-path equipment order represents a significant step in transitioning from development to project execution. The purchase order covers the design, manufacture, fabrication, testing, and supply of the residue pressure filtration package, which is essential for solid-liquid separation in the Colossus processing flowsheet. Dewater was selected following an extensive 12-month competitive tender and technical evaluation process. The order placement demonstrates that project execution at Colossus is underway, supporting the targeted 2028 production schedule and positioning Colossus as a significant new source of heavy rare earths outside China.