Really interesting post Remlif and Mark spoke to exactly this...

Really interesting post Remlif and Mark spoke to exactly this topic on the last Invest Webinar in November 2022.

If you jump to the 24 minute mark, the first question in the Q&A, Mark states that there is the potential to increase output in the early years, but was restrained in how much detail he could go into acknowledging more will be said in the "right forum". In other words, he didn't want to say anything on the public record ahead of the permit decision that was presumptive or could be used by opponents prior to the decision.

https://www.youtube.com/watch?v=72wiHtuKCTs

If Talga are indeed allowed to double the ore extraction from 100,000t to 200,000t and simultaneously target the higher grade sections of Nunasvaara Sth, then they could potentially be looking at production of 45,000-50,000tpa of fully coated, up from the original 19,800tpa. Not sure this is very likely - it might be a much more modest increase in the first few years. But, as you mentioned, much of this is all predicated on Talga getting the green light from the Swedish & EU Gov't that the expanded Niska expansion will be fast tracked in terms of permitting and financing.

In turn, the Niska expansion itself could be 2-3X larger than the originally envisaged 85,000tpa - no wonder the renderings of the Talga refinery keep getting larger! Looking forward to all the action kicking off this time next week!