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Lycopodium Secures A$118M Contract to Power Ethiopia’s Tulu Kapi Gold Mine

8:32am on Monday 9th of March, 2026 AEDT Mining
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Lycopodium Secures A$118M Contract to Power Ethiopia’s Tulu Kapi Gold Mine

8:32am on Monday 9th of March, 2026 AEDT
Key Points
  • Awarded A$118 million ESLH contract for Tulu Kapi Gold Project
  • Contract covers engineering, procurement, and supply for 2 Mtpa gold plant
  • Initial A$30.1 million notice to proceed already issued
  • Full contract execution pending final documentation closure
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