Robe Mesa DFS shows the project is set to generate exceptional financial returns with low costs and strong free cashflow;
o Low C1 cash cost of A$49/wmt FOB
o Life of mine EBITDA of $824 million
o Base case life of mine free cash flow of $419 million, NPV8% of $256 million o Financial returns rising to $1.3 billion free cash flow at current iron ore prices