Southern Palladium Ltd. (AU:SPD) has released an update.
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Southern Palladium Ltd., a dual-listed PGM company, has unveiled promising prefeasibility study results for its Bengwenyama project in South Africa, showcasing a post-tax NPV of USD 1.059 billion and an impressive 28% IRR. The project, rich in palladium and rhodium, is expected to have a 29-year mine life with low cash costs, benefiting from existing infrastructure and proven mining technology. With environmental and community engagements underway, the company aims for a swift transition to financial investment decisions in 2025.
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