19
Apr
17:09
European Lithium confident on economics of Wolfsberg project
Australia-listed European Lithium announced on Tuesday a positive interim net present value (NVP) for its Wolfsberg lithium project in Austria, Kallanish reports.
The preliminary AUD 862 million ($635.72m) NPV calculated by DRA paves the way for the completion of the definitive feasibility study (DFS) in the third quarter of 2022. The figures are based on the measured and indicated resource of 9.7m tonnes at 1% lithium oxide.
Chairman Tony Sage says the in…
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