EXPLORATION & DEVELOPMENT

Sayona saying lithium project looks good

SAYONA Mining has outlined attractive metrics for its proposed Authier lithium project in Canada, with an optimised prefeasibility study estimating a development initially costing C$64 million to build, and featuring a net present value of $221 million and an internal rate of return of 56%.

Michael Quinn
Sayona saying lithium project looks good

Sayona said spodumene concentrate price forecast used of US$613/t was derived from the average of three investment banking groups – Canaccord, UBS and Citi. The project has reserves of 11.66 million...

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