STRONG POSITIVE ECONOMIC RESULTS CONFIRMED
\nFOR H\u00c4GG\u00c5N \u2013 MOVING TO PRE-FEASIBILITY
\nHIGHLIGHTS
\nIndependent consultants have completed the first Scoping Study for the H\u00e4gg\u00e5n
\nProject:
\n\uf0b7 Scoping study confirms economic viability for bioheap leach project
\n\uf0b7 Net Present Value (NPV) – US$1,090M (pre-tax, 10% discount rate)
\n\uf0b7 Internal Rate of Return (IRR) 47%
\n\uf0b7 Total life of mine capital costs of US$769 million, including sustaining capital
\n\uf0b7 Payback in approximately 4.3 years, or less than a fifth of current project life
\n\uf0b7 Operating costs of US$36\/lb uranium net of by-products
\n\uf0b7 Low mining costs – strip ratio of 0.75:1
\n\uf0b7 Nominal 30 Mtpa operation with a 25 year initial mine life – scope to expand
\n\uf0b7 Target initial annual production of 6.6 Mlbs uranium, 14.8 Mlbs nickel and 3.6
\nMlbs molybdenum; target would place H\u00e4gg\u00e5n in the top 10 uranium mining
\noperations
\n\uf0b7 Sweden – excellent jurisdiction to develop a very long life mining operation
\n\uf0b7 Similar-sized multi-metal bioheap leach operation in neighbouring Finland
\n\uf0b7 Next-step: PRE-FEASIBILITY<\/p>\n","protected":false},"excerpt":{"rendered":"
STRONG POSITIVE ECONOMIC RESULTS CONFIRMED FOR H\u00c4GG\u00c5N \u2013 MOVING TO PRE-FEASIBILITY HIGHLIGHTS Independent consultants have completed the first Scoping Study for the H\u00e4gg\u00e5n Project: \uf0b7 Scoping study confirms economic viability for bioheap leach project \uf0b7 Net Present Value (NPV) – US$1,090M (pre-tax, 10% discount rate) \uf0b7 Internal Rate of Return (IRR) 47% \uf0b7 Total life … Continue reading “Aura Energy Australia's second largest Uranium resource – strong +ve economic results confirmed”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-737","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/comments?post=737"}],"version-history":[{"count":0,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/737\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/media?parent=737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/categories?post=737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/tags?post=737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}