Glencore Technology reported it offers a 25% capital-back performance guarantee, which it described as a world’s first. The guarantee traces back to the success of innovations like the horizontal fine grinding system it developed for the McArthur River lead-zinc deposit. Other examples include its Jameson Cell and its Albion Process atmospheric leaching, both of which are field-proven, the company reported. “In round figures, we have 130 metalliferous installations of IsaMill, all performing as they should; 350 Jameson Cells and they remain best in class; and Albion Process, has exceeded expectations in delivering value, ramp-up and performance,” Mike Hourn, Glencore Technology, said. “We felt we were in a position to seriously explore a greater performance guarantee.” The performance guarantees for these technologies are being rolled out on future projects, the company reported.
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