PROJECT FINANCE

Peak cuts costs for 'world's premier' undeveloped light REE project

PEAK Rare Earths has slashed costs for its long-awaited "world's premier undeveloped light rare earth project" - Ngualla in Tanzania - having completed a FEED study on the project.

Peak cuts costs for 'world's premier' undeveloped light REE project

The FEED study - which comes more than 15 years after the explorer secured the ground - outlines an 11% drop in the upfront capital cost estimate to US$287 million. And the estimated average total annual...

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