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South Star’s Alabama Graphite Project Boasts Strong Economic Forecast

Story Highlights
  • BamaStar Graphite Project to commence production by 2027 with substantial resource increase.
  • Projected pre-tax NPV of $2.4B and after-tax $1.6B indicates strong financial potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
South Star’s Alabama Graphite Project Boasts Strong Economic Forecast

South Star Battery Metals (TSE:STS) has released an update.

Confident Investing Starts Here:

South Star Battery Metals has announced a significant increase in mineral resources along with favorable Preliminary Economic Assessment outcomes for its BamaStar Graphite Mine and Value-Add Project in Alabama, forecasted to start production by 2027. The project predicts a robust financial performance with a pre-tax Net Present Value of $2.4 billion and an after-tax value of $1.6 billion, alongside a promising 19-year mine life estimated to generate substantial revenue and free cashflow.

For further insights into TSE:STS stock, check out TipRanks’ Stock Analysis page.

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