NuevoTech Minings solutions are for potential investors to the mining industry, particularly in Australia
The company makes feasibility analysis of mines open for sale and presents the projects to potential investors to acquire, develop and operate. Other than a small equity in the project NuevoTech charges a small fees per tonne of the product produced.
The services of NeuvoTech are divided into three phases – the study and acquisition phase, the mine development stage and finally the operation stage. NuevoTech guides and stays with the potential investor from inception, studies, development and operation to mine closure with all activities in between included in the services. The services are performed through inhouse as well as subcontracts, all managed by NuevoTech with relevant personnel recruited for each project separately.
At the moment, NuevoTech Mining has three projects which are open for acquiring, and to be developed by NuevoTech. One is a Heavy Mineral Sands project in Western Australia to produce Zircon and Rutile concentrate, and the other two are large coking coal projects in the Bowen basin of Queensland, Australia. For any investors, the process followed is an initial Memorandum of Understanding(MoU) between the investor and NuevoTech Mining about the business model and fee protection of NuevoTech Mining should a project get to acquisition stage. After the MoU, NuevoTech arranges for the due diligence study of the project.
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