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Larger Dubbo play unlocks $1.2B in value for Alkane

TARGETING a mid-2014 production start-up, results from a definitive feasibility study have outlined substantial upside for Alkane Resources at its Dubbo zirconia play in New South Wales, with an expanded rate returning a net present value of $A1.2 billion.

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Larger Dubbo play unlocks $1.2B in value for Alkane

While Alkane modelled a base case rate of 400,000 tonnes per annum during its DFS analysis, which delivered a capital cost of $470 million and internal rate of return of 16.8%, a larger $893 million development...

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