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This task aims to produce zircon and rare earths over the long term. A definitive feasibility study for Wimmera is scheduled for completion by the tip of 2025.
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This was accompanied by the discharge of the current preliminary economic assessment for Carina Module that includes initial capital expenditures of US£593 million and sustaining money expenditures of US$86 million.
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An up-to-date 2022 feasibility examine highlights an extended mine life, improved ore grades and Improved economics for niobium, scandium and titanium.
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The funding is part with the eight million euro GREENE task from the European Fee’s Horizon Europe Programme, which aims to Enhance the useful resource efficiency and general performance of rare earth everlasting magnets.
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