That is a good point. Just for reference the current Carbon price in Europe is close to $50AU per tonnne. At 65,000 Tonnes/yr of CO2 a polluter would be prepared to pay about $3M per year to get rid of that CO2. Not sure if NMT have included a revenue line for CO2 in the financials but when working out a NPV that can have quite a nice multiplier.
Ann: Vanadium Recovery Pilot Plant - Successful Completion, page-27
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