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27 Oct
02:48

TNG Mount Peake project sees increased capital expenditure

Australian resource and mineral processing technology company TNG’s Mount Peake vanadium-titanium-iron project is likely to see increased capital expenditure, Kallanish notes. The previous capital expenditure estimate released by the company in September 2019 showed pre-production capital expenditure of AUD 824 million ($534m). This figure assumed that additional capital expenditure for certain areas of equipment and plant totalling AUD 491 million would b…
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