01
Sep
13:04
VANADIUM: Silver Elephant releases PEA for Nevada vanadium project
Canada-based Silver Elephant Mining is releasing a preliminary economic assessment for its Gibellini vanadium project in Nevada that demonstrates an after-tax internal rate of return of 25.4% and net present value of $127.9 million, Kallanish reports.
The report says the project will have an initial capital cost of $147m and generate cumulative cash flow of $260.8m with a payback period of 2.5 years, assuming a vanadium price of $10/pound. The mine would have an 1…
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