I think you've made a mistake i've looked ant there doesn't seem to be a release for that date but the closest one i found was the EGM presentation 30/05/18 09:58 and the only $750m in there seems to be about industry standards not AUZ specifically? Australian mines has always said about $500m USD as far as I remember
Utilising convectional, proven processing technology • Two-third of the global nickel production currently comes from mining and processing laterite deposits • High-Pressure Acid Leach (HPAL) is the most widely adopted technology for processing laterite ore and the only established option for producing battery grade sulphate8 • HPAL technology has been refined and continues to be utilised by the world’s largest resource companies including Glencore, Vale and Sumitomo • Australian Mines will further de-risk the process by: ➢ Including back-up systems and redundancy measures within the plant design for added reliability ➢ Scheduling a conservative ramp-up projection of 3 years ➢ Factoring in an 85% up-time (ensuring appropriate, on-going plant maintenance) ➢ Budgeting for realistic capex costs (that incorporates appropriate cost-overrun contingencies) ➢ Constructing the plant in a region with high-quality, existing supporting infrastructure and staffing Existing Projects Give Increased Visibility on Costs • Capex of a HPAL plant averages US$49,000 per tonne of nickel metal produced annually9 ➢ places the indicative cost of a plant producing 15,000 tonnes of nickel metal equivalent per year in order of US$750 million
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Price($) | Vol. | No. |
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