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VHM Limited ( (AU:VHM) ) has provided an update.
VHM Limited has announced a staged development strategy for the Goschen Rare Earths and Mineral Sands Project, aiming to commence production within two years. The strategy involves an initial production rate of 1.5 million tonnes per annum, with plans to expand to 5 million tonnes per annum. This approach leverages a dual revenue stream and modular process plant to minimize upfront capital expenditure, thereby supporting expansion primarily through operational cash flow. The project has robust economic potential with a significant net present value and internal rate of return, alongside a long mine life and low sovereign risk.
More about VHM Limited
VHM Limited is a company operating in the critical minerals sector, focusing on the production of Rare Earths and Heavy Mineral Concentrates. The company is engaged in the development of the Goschen Rare Earths and Mineral Sands Project in Victoria, Australia.
YTD Price Performance: -19.51%
Average Trading Volume: 86,371
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$69.27M
For an in-depth examination of VHM stock, go to TipRanks’ Stock Analysis page.
