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    market news

    TNG’s NPV for Mount Peake Rises by 40 Percent

    Investing News Network
    Feb. 06, 2013 07:14AM PST
    Battery Metals Investing

    Mining Weekly reported that TNG announced that the NPVof its Mount Peake vanadium/titanium/iron project, has increased by 40 percent.

    Mining Weekly reported that TNG announced that the NPVof its Mount Peake vanadium/titanium/iron project, has increased by 40 percent.

    As quoted in the market report:

    The feasibility study previously found that the Mount Peake project could support a 2.5-million-ton-a-year operation, with a LoM of some 20 years. The project could be expanded to a five-million-ton-a-year operation after the first three years, to deliver yearly production of 15 300 t of vanadium oxide, 375 000 t of titanium dioxide concentrate and 1.13-million tons of iron-oxide.

    To view the Mining Weekly report, click here. 

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