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 Address to refer: https://www.researchchannel.co.za/article/bfs-estimates-a271m-capital-cost-for-thunderbird-phase-one-development-2017-03-24
 Article Headline: BFS estimates A$271m capital cost for Thunderbird Phase 1 development
 Abstract: The bankable feasibility study (BFS) on the Thunderbird mineral sands project, in Western Australia, has increased projected capital requirements from the A$271-million estimated in the prefeasibility study (PFS), to A$348-million. The BFS was based on an initial 8.5-million-tonne-a-year throughput, doubling to 17-million tonnes a year in year five, with the addition of a second mining unit and processing stream. The Stage 2 expansion will require a further A$195-million in capital.
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