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Tasman Announces Technical Report on PFS for Norra Karr Heavy Rare Earth Element Project
Mar. 20, 2015 09:16AM PST
Rare Earth InvestingTasman Metals Ltd. (TSXV:TSM) announced the filing of the technical Report providing results of the recently completed positive Pre-Feasibility Study for the Norra Karr heavy rare earth element (REE) deposit in Sweden.
Tasman Metals Ltd. (TSXV:TSM) announced the filing of the technical Report providing results of the recently completed positive Pre-Feasibility Study for the Norra Karr heavy rare earth element (REE) deposit in Sweden.
As quoted in the press release,
After-tax Net Present Value (NPV) of US$313 million using a 10% discount rate
Internal Rate of Return (IRR) of 24% pre tax and 20% after tax using a 10% discount rate
Initial capital cost of US$378 million including contingency – low for long mine life heavy REE producer
Major exposure to the most critical REE’s, with 74% of revenue from magnet metals Dy, Nd, Pr, Tb, Sm
Click here for the full Tasman Metals Ltd. (TSXV:TSM) press release
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