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09 Dec
12:25

LITHIUM: Noram Lithium releases PEA on Zeus project in Nevada

Canada-based Noram Lithium Corp says a preliminary economic assessment for its Zeus lithium project in Nevada offers robust economics, a long mine life of 40 years and little environmental impact, Kallanish reports. The study says the project would produce $1.3 billion of net present value after taxes with an 8% discount and a 31% internal rate of return. The initial capital costs would be $528 million with a 3.23 years payback period. The project would produce gr…
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