Financial PerformanceThe after-tax net present value (NPV) and internal rate of return (IRR) for the Yellowhead project have significantly increased, indicating better financial prospects.
Project DevelopmentConstruction at the Florence project is progressing on schedule, with the project 78% complete.
Tax IncentivesThe Yellowhead project is expected to be eligible for the federal Canadian Clean Technology Manufacturing Investment Tax Credit, which could reimburse 30% of eligible initial capital costs in the first year of operation.