Optimised study boosts Savannah project’s output and lowers costs

An optimisation of the feasibility study (FS) for the Savannah base metals project, in Western Australia, has lowered the expected C1 cash and operating costs of the operation, while targeting higher nickel, copper and cobalt output, owner Panoramic reported on Thursday. Compared with a February FS, the optimised study decreased C1 cash costs from $2/lb to $1.40/lb nickel in concentrate, while operating costs have decreased from $4.50/lb to $3.10/lb of nickel.