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Tantalex Lithium CEO
Allard highlighted the positive findings of the PEA, which indicated excellent economics and financial returns for the project.
The pre-tax net present value (NPV) with a 10% discount rate stood at approximately
The project's capital cost estimate, including contingencies, is
He also mentioned that the company has identified several opportunities to enhance capital and operating costs and increase plant capacity.
The project is designed to have low-risk plant operation and tailings reclamation, with readily available tailings dump resources providing feedstock to the beneficiation plant at a minimal cost for mining, crushing, grinding, and processing.
These positive results underscore the project's viability and potential for long-term value creation for Tantalex Lithium and its stakeholders.
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