The Viewfield pre-tax internal rate of return (IRR) is 55% and the pre-tax net present value (NPV) is $1.49 billion at an 8% discount rate. The total capital cost of the project is $571 million, including a contingency of $52 million. The capex will be repaid over 2.1 years.
EMP CEO Rob Gamley said the company is “very pleased“ with the PEA. “With payback in approximately two years, a 23-year project life and a pre-tax IRR of 55%, our Viewfield project is clearly a world class lithium asset,” Gamley said.
“The PEA study underpins a significant property value and highlights the benefits of excellent brine concentrations, low operating costs and close proximity to local infrastructure in one of the best mining jurisdictions in the world,” he added.
Development will be broken into three elements. First is drilling the production and disposal wells as well as laying the pipelines. Second is creation of the infrastructure…
