For thousands of other reports visit RSC's Mineral Intellingence Map

Clean Teq Holdings Ltd.

opaxe

Summary

Project:

Sunrise

Deposit:Sunrise
Location:Australia
Commodities:Nickel-Cobalt
Date:6/25/2018
Report Code:JORC
Report Type:Feasibility Study
Project Stage:Pursuing Environmental Approval
Report details:25-6-2018: Clean Teq Holdings Ltd. announces a Feasibility Study report for its Sunrise deposit at the Sunrise project. DFS results incl. post-tax NPV of US $1.39B (8%), IRR of 19.1%, and Initial ore reserve. MELBOURNE, AUSTRALIA – Mr Robert Friedland and
Resources:(Reserve, P+P): 147.4Mt @ 0.56% Ni, 0.09% Co, 53ppm Sc
CP/QP:[Overall Report]: Lynn Widenbar, Tim Harrison (Widenbar and Associates Pty Ltd.;Internal)
ABSTRACT:MELBOURNE, AUSTRALIA – Mr Robert Friedland and Mr Jiang Zhaobai, CoChairmen of Clean TeQ Holdings Limited (Clean TeQ or Company) (CLQ:ASX; CLQ:TSX; CTEQF:OTCQX), and Mr Sam Riggall, Chief Executive Officer, are pleased to announce the results of the Definitive Feasibility Study (DFS or Study) for the Clean TeQ Sunrise Project (Clean TeQ Sunrise or Project). The Definitive Feasibility Study confirms Clean TeQ Sunrise’s proven status as a globally significant cobalt, nickel and scandium resource which, once developed, will become a major supplier of critical raw materials to the lithium-ion battery market. Lithium-ion batteries represent an important enabler of the clean energy revolution, helping alleviate the profound environmental issues caused by the unconstrained burning of fossil fuels by the global transport sector. Being part of the solution is a core objective for Clean TeQ and a strategic driver to develop Clean TeQ Sunrise.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report