Neometals announced it has executed an offtake term sheet with Jiuxing Titanium Materials Co for both Direct Shipping Ore (DSO) and titanium-rich mixed gravity concentrates (MGC) from Barrambie. Neometals released a Pre-feasibility Study in November 2022 for production of titanium (ilmenite) and iron-vanadium concentrate resulting in an average free cash (before tax, depreciation and amortisation) of A$136m pa over the first 10-years with a pre-tax NPV10 of A$391m based on an ore reserve of 44.5 ....
20 Apr 2023
Cenkos: Neometals Ltd -- Barrambie Offtake Term sheet
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Cenkos: Neometals Ltd -- Barrambie Offtake Term sheet
Neometals Ltd (NMT:LON) | 6.0 0 0.0% | Mkt Cap: 37.4m
- Published:
20 Apr 2023 -
Author:
John-Marc Bunce | Will Dymott -
Pages:
4
Neometals announced it has executed an offtake term sheet with Jiuxing Titanium Materials Co for both Direct Shipping Ore (DSO) and titanium-rich mixed gravity concentrates (MGC) from Barrambie. Neometals released a Pre-feasibility Study in November 2022 for production of titanium (ilmenite) and iron-vanadium concentrate resulting in an average free cash (before tax, depreciation and amortisation) of A$136m pa over the first 10-years with a pre-tax NPV10 of A$391m based on an ore reserve of 44.5 ....