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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%.
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.
Quebec production boost sought following last year's fixed price Tesla supply agreement
Neo Lithium moving closer to production
Sayona bullish on Canadian lithium
Altura goes back to money well
