This report initially provides a high-level overview of the pre-FEED phase results, covering the background, risks, project rationale, design basis, engineering, conclusions, and next steps.

The major conclusions is that Leilac-2 has been comprehensively reviewed, and approved by the project’s General Assembly. The project will now enter the next stage of development – Front End Engineering Design (FEED) phase. During the FEED phase, the de-risking focussed approach will continue with the aim of reducing all technical risks to ‘low’, and of further developing and optimising the engineering design, along with its integration into the HeidelbergCement cement plant at Hannover, Germany.

The site development and procurement plans will be produced, and a ±15% cost estimate generated for approval. This will underpin the Final Investment Decision regarding the build of the plant.