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VRX Silica’s Arrowsmith North BFS Update Boosts Project Value to A$179M with Binding Offtake Deals

8:28am on Wednesday 27th of May, 2026 AEST Materials
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VRX Silica’s Arrowsmith North BFS Update Boosts Project Value to A$179M with Binding Offtake Deals

8:28am on Wednesday 27th of May, 2026 AEST
Key Points
  • Ungeared NPV8 of A$179.2 million over 25-year mine life
  • Proved and Probable Ore Reserve of 221 million tonnes at 99.5% SiO2
  • Capital expenditure estimated at A$74.5 million with 4.6-year payback
  • Conditional binding offtake contracts for 960,000 tonnes per year
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