URANIUM
A review of the Mulga Rock uranium project, in Western Australia, has revealed a potential upside to the project through base metal by-product credits, ASX-listed Vimy Resources reported on Thursday.
The company noted that while its January 2018 definitive feasibility study (DFS) confirmed the robust financials and simple low-cost mining process, the study focused solely on uranium. However, growing demand for base metals had now prompted the company to review the viability of the proposed base metals plant, with initial indications pointing to greatly improved economics.
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