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Thursday
18 September 2014
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Magical Merlin taking shape


THE world’s highest grade molybdenum and rhenium deposit in Queensland is moving closer to development for Ivanhoe Australia after a scoping study confirmed an internal rate of return of 24% and a net present value of $A531 million.



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Ivanhoe_5_rigs_merlin.JPG
Five drill rigs at work at Ivanhoe Australia's Merlin moly project in Qld.



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