Updated Definitive Feasibility Study 2019
A summary of the key current economics and operational study outcomes is provided below:
|
Estimated Mine Life |
15.5 years – Open Pit |
|
LOM Project Revenue (Real & excluding tantalum credits) |
USD 3.42 billion |
|
Capital Cost (Carried to Positive Cashflow) |
USD 162 million |
|
Sustaining Capital |
USD 35 million |
|
Pre-Tax NPV10 |
USD 710 million |
|
Internal Rate of Return (IRR, Pre-tax) |
71% |
|
LOM Cash Operating Costs FOB |
USD 344t of concentrate |
|
Project Payback (From First Production) |
18 months |
|
Average Annual EBITDA(Real) |
USD 114 million |
Download the full DFS Announcement here