04/05/2021 - 17:56

Neometals PFS points to $1b free cash over 10.5 years

04/05/2021 - 17:56

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Neometals has tabled an impressive pre-feasibility study on the proposed production of high-purity vanadium pentoxide from high-grade vanadium-bearing steel making by-products or slag in Finland. The company says its vanadium recovery project is tipped to generate total free cash flows before tax of $US764 million or almost $A1 billion at an average of about $US72.7 million a year across an estimated plant operating life of 10.5 years.

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