Viridis Contracts Hatch for Colossus Project Study and Support

Viridis (ASX: VMM) has awarded Hatch Pty Ltd, a renowned professional services firm, a contract for a Scoping Study on the Colossus Project and engineering support. Hatch, a global consultancy with offices in Australia and Brazil, boasts extensive experience in rare earth processing. The study, starting March 2024, prioritizes Northern concessions. Deliverables include processing methods, cost estimates, and project schedules.

This study will aid in financial modeling, permit applications, and resource conversion. Hatch's expertise aims to streamline the project's execution and environmental approvals. Viridis anticipates reduced complexity and lower operating costs. Hatch is eager to collaborate, drawing on their rare earth processing proficiency. With offices in strategic locations, Hatch is well-positioned to support Viridis in realizing the potential of the Colossus Project.

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