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LITHIUM | Critical Elements
At the time, president Dr Steffen Haber
with sustaining capital valued at C$126.8
said the feasibility was a ‘major milestone’
million over the life of mine.
for Critical Elements and when RGN caught up with him, he reiterated the company’s
Finally, the project’s NPV was calculated at
satisfaction with the results.
C$726 million (after-tax) with a superior IRR of 34.9% on price assumptions of
“In combination with the piloting results
US$1,500 per tonne technical grade lithium
preceding the feasibility, the superior
concentrate, US$750 per tonne chemical
quality of the ore has been confirmed and
grade lithium concentrate and US$130 per kg
demonstrated by the results,” he declares.
tantalum pentoxide.
The detailed study also included an economic Overall the figures outlined in the feasibility analysis which estimated an initial capital cost are highly encouraging for Critical Elements of C$341 million including all infrastructures,