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Boab Metals Secures US$30M Prepayment, Eyes 2025 Final Investment Decision

8:20am on Tuesday 21st of January, 2025 AEDT Mining
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Boab Metals Secures US$30M Prepayment, Eyes 2025 Final Investment Decision

8:20am on Tuesday 21st of January, 2025 AEDT
Key Points
  • US$30 million prepayment and offtake agreement signed with Trafigura
  • Western Australian Government approves key environmental amendments
  • Sorby Hills project FEED study shows strong economics with A$411M NPV and 37% IRR
  • Boab targets final investment decision in 2H 2025
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