BBX Minerals Limited ( (AU:BCM) ) has provided an announcement.
Brazilian Critical Minerals Ltd has completed a Scoping Study for its EMA Rare Earths Project, highlighting its potential as a low-cost and efficient operation. The study, conducted with industry experts, indicates strong financial returns with a post-tax NPV of US$498 million and an IRR of 55%. The project is positioned as the western world’s lowest-cost rare earth project, with a focus on producing a high-value mixed rare earth carbonate product. The study underscores the project’s simplified, low-risk, and fast-tracked development, with low capital and operating costs, aiming for a payback period of 28 months.
More about BBX Minerals Limited
Brazilian Critical Minerals Ltd (BCM) is a company operating in the mining industry, focusing on the exploration and development of rare earth deposits. Its primary project is the EMA Rare Earths Project located in southeastern Amazonas, Brazil. The company aims to produce high-value mixed rare earth carbonate products with a focus on low-cost and efficient operations.
Average Trading Volume: 892,696
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$10.63M
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