actually it's WAY more than 1 billion and to quote from their own website:
Intec’s current major operational focus is on the Hellyer Metals Project in northwestern Tasmania, where the Intec Process will treat 11 million tonnes of polymetallic tailings (with an in-situ metal value of over A$2 billion at today’s prices), together with other available metalliferous residues such as electric arc furnace dust (EAFD).
re: over 2 billion worth
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