Zanaga Iron Ore Company Ltd’s Post

Feasibility Study Update Zanaga Iron Ore Company Limited (AIM: ZIOC), is pleased to announce the results of the 2024 Feasibility Study update process, which underlines the robust economics of the Zanaga 30 Mtpa staged development. 12Mtpa Stage One Haematite Development -  Capital investment of US$ 1.94 billlion -  Operating cost of US$ 31.5 / dmt FOB -  Net Present Value of US$ 3.68 billion -  Internal Rate of Return of 26.2% 18Mtpa Stage Two optional Magnetite expansion -  Capital investment of US$ 1.87 billion -  Operating cost of US$ 24.9 / dmt FOB -  Total combined Net Present Value of US$ 7.36 billion -  Internal Rate of Return of 28.2% More details can be found via the link; https://lnkd.in/eDh_vpAr

London Stock Exchange | London Stock Exchange

London Stock Exchange | London Stock Exchange

londonstockexchange.com

To view or add a comment, sign in

Explore topics