ENERGY MINERALS

OZ continuing downstream at West Musgrave for nickel possibilities

OZ MINERALS has put some financial numbers around additional processing at the West Musgrave nickel-copper development and claims “strong market interest” in the production of a mixed hydroxide precipitate featuring high nickel content and “ultra-low” impurities.

 'Strong' interest being shown in MHP venture claims OZ

'Strong' interest being shown in MHP venture claims OZ

The additional processing - involving pressure oxidation and precipitation - could cost about A$310 million and has been modelled to have a net present value of about $250-460 million and an IRR of 20-27%....

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