https://www.investegate.co.uk/pensana-plc/prn/completion-of-feed-and-value-engineering-study/20220525070141P0386/
Completion of FEED and Value Engineering Study for rare earth separation hub at Saltend Chemicals Park and the Longonjo Operations.Study demonstrates sustainable operations with strong economics based on the most recent independent base case NdPr oxide price forecasts:Generates an unleveraged post-tax NPV8% of US$3.5 billionAverage annual EBITDA first five years steady state production US$630 millionIRR of 71%Payback of 1.5 yearsInitial capital expenditure of US$494 millionStudy prepared by leading technical consultants WOOD, SRK, Snowden Mining Industry Consultants and Paradigm Project Management.
