RARE EARTHS
Rare earths developer Peak Resources has refined the economics of its Ngualla project, in Tanzania, to include process optimisation studies and the latest rare earth pricing trends.
Based on the latest rare earths prices, Peak has decreased the expected post tax net present value from the $633-million considered in the April bankable feasibility study (BFS) to $612-million, while the post tax internal rate of return has increased from 21% to 22%.
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