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30 Jul
14:31

GRAPHITE: Lomiko Metals releases favourable PEA on La Loutre project

Canada-based Lomiko Metals Inc says it has completed a favourable preliminary economic assessment for its flagship La Loutre graphite project in southeast Quebec, Kallanish reports. The PEA was prepared by Ausenco Engineering Canada. The project would require initial capital of CAD 236.1 million ($189.89m). The after-tax payback period is 4.2 years. The life of the open-pit mine would be 14.7 years. The life of the mine production would be 21,874,000 tonnes of mi…
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