P2000 Project, Australia
Photo by ©Bloomberg
Photo by ©Bloomberg
Name of the Project
P2000 Project.
Location
Australia.
Project Owner/s
Pilbara Minerals.
Project Description
A prefeasibility study has determined that production capacity could be expanded to more than two-million tonnes a year, with production averaging 1.9-million tonnes a year in the first ten years of production.
Production of more than two-million tonnes a year is estimated over the first six years after ramp-up.
The proposed processing plant will have a nominal capacity of five-million tonnes a year.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has an after-tax net present value, at an 8% discount rate (real), of A$2.6-billion and an internal rate of return of 55% on cash flows after tax.
Capital Expenditure
Capital construction expenditure is estimated at A$1.2-billion.
Planned Start/End Date
Not stated.
Latest Developments
A feasibility study has started and is expected to be completed in the December quarter of 2025.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Pilbara Minerals, tel +61 8 6266 6266.
Pilbara Minerals investors/shareholders, James Fuller, tel +61 488 093 763 or email james.fuller@pilbaraminerals.com.au.
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