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Canadian Metals (CSE:CME) has announced results of a preliminary economic assessment (PEA) for its Langis silicon project. As quoted in the press release: Operational Highlights: Quarry Life estimated at a minimum of 35 years based on measured resources Metallurgical grade silicon metal mgSi production of 50,000 tonnes per year (Phase 1 only) Microsilica – high …
Canadian Metals (CSE:CME) has announced results of a preliminary economic assessment( PEA) for its Langis silicon project.
As quoted in the press release:
Operational Highlights:
- Quarry Life estimated at a minimum of 35 years based on measured resources
- Metallurgical grade silicon metal mgSi production of 50,000 tonnes per year (Phase 1 only)
- Microsilica – high quality production of 24,000 tonnes per year (Phase 1 only)
The capital cost per ton installed for the proposed CME smelter is estimated to come in at approximately US$5,050/ton, approximately 7% below the average capital cost per ton installed from a peer-group of recently announced new entrant greenfield silicon smelter projects of US$5,450/ton.
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