UEC presents economic study for Paraguay titanium project
NYSE American-listed Uranium Energy Corp (UEC) has filed an initial economic evaluation for the Alto Paraná titanium project, in Paraguay, upgrading the resource, refining the technical approach to development and showing robust financial returns.
The base case design of 150 000 t/y of high titania slag and 100 000 t/y of purity pig iron, yielded a net present value (NPV) of $419-million and an internal rate of return (IRR) of 21%.
The base case will require startup capital of $338-million and has an aftertax payback of 4.7 years.
The stretch production case of 500 000 t/y of high titania slag and 320 000 t/y of high-purity pic iron delivered a $1.55-billion NPV and a 25% IRR. Startup capital came to $918-million with a payback of 4.2 years.
The total resource of Alto Paraná is 3.6-billion tonnes, grading 7.3% titanium dioxide with an average thickness of 6.3 m and no overburden.
“The project's excellent economic analysis and resources are solid precursors that provide UEC with various options in our strategy to enhance the value of the project,” said UEC VP for heavy minerals, leading the economic study, Jacob Deysel.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation