Ivanhoe Announces Results of Feasibility Study for Platreef Ivanhoe Mines Announces Exceptional Results of Independent 2022 Feasibility Study for Tier-one Platreef Palladium, Rhodium, Nickel, Platinum, Copper and Gold Project in South Africa.
Platreef ranks as world's largest precious metals deposit under development
Phase 1 mine in construction, advancing towards first production in Q3 2024
2022 Feasibility Study yields an after-tax NPV8% of US$1.7 billion and IRR of 18.5% at long-term consensus metal prices
After-tax NPV8% of US$4.1 billion and IRR of 29.3% at current spot metal prices
Shaft 2 accelerated to 2027, advancing Phase 2 expansion with annual forecast production of greater than 590,000 ounces of palladium, platinum, rhodium, gold and more than 40 million pounds of nickel and copper
2022 Feasibility Study confirms Platreef's potential to be the industry's largest and lowest-cost primary PGM producer
https://www.newsfilecorp.com/release/115055/Ivanhoe-Mines-Announces-Exceptional-Results-of-Independent-2022-Feasibility-Study-for-Tierone-Platreef-Palladium-Rhodium-Nickel-Platinum-Copper-and-Gold-Project-in-South-Africa?k=ivanhoe