Cost vs RevenueThe Life of Mine cost is $10.56 USD per ton.
The value per ton today is $21.25 $USD per ton.
Yes, there is less revenue today than in the Feasibility Study. That is why mines must have robust economics to get built, so that they are still profitable during depressed prices. Recovery rates have increased, Pd/Pt values are increasing. The buyout price for Crawford will add $0.50-1.00 per ton to the producer in cost. It is a Go. A FS is not set in stone, its a guide for all parties involved nothing more. Crawford cant be built without a stainless steel mill to get value from the 2.6 million tons of chromium. That is the big holdup to majors as i see it. Operating a profitable SS mill in North America is tough, building one isnt. The mill must be profitable for 40 years. All of the other deposits have similar nickel but the Fe, Cr, Pd, Pt varies, so their economic value will be different per ton.