Articles for tag: 1bn, brine, EMP, lithium, Metals, NPV, PEA, posttax, shares, Viewfield

EMP Metals Revolutionizes Lithium Extraction with Groundbreaking PEA Results

The recent release of EMP Metal’s Viewfield lithium brine project’s Preliminary Economic Assessment (PEA) has reverberated across the mining industry, sending seismic waves through the market. The PEA revealed a post-tax Net Present Value (NPV) of a staggering $1 billion, while also disclosing a pre-tax internal rate of return (IRR) of 55% and a pre-tax NPV of $1.49 billion at an 8% discount rate. The capital cost of the project stands at $571 million, with an additional $52 million contingency, and a promise of repaying the investment over 2.1 years. CEO Rob Gamley expressed his elation, declaring the company’s deep