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Viridis’ Colossus PFS Reveals Robust Rare Earth Economics and 2028 Production Goal

9:40am on Wednesday 9th of July, 2025 AEST Mining
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Viridis’ Colossus PFS Reveals Robust Rare Earth Economics and 2028 Production Goal

9:40am on Wednesday 9th of July, 2025 AEST
Key Points
  • After-tax NPV8 of US $899 million and IRR of 34%
  • Low C1 production cost of US $6.20/kg TREO
  • Capital expenditure of US $286 million excluding contingency
  • 20-year mine life with high-grade Magnetic Rare Earth Oxide resource
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