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Mont Royal’s Ashram PEA Confirms CAD$2 Billion NPV and 30-Year Rare Earth Supply

8:30am on Tuesday 9th of June, 2026 AEST Mining
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Mont Royal’s Ashram PEA Confirms CAD$2 Billion NPV and 30-Year Rare Earth Supply

8:30am on Tuesday 9th of June, 2026 AEST
Key Points
  • 30-year mine life with average annual production of 17,466 tonnes saleable REO
  • Post-tax NPV8% of CAD$2.03 billion and IRR of 22%
  • Initial CAPEX of CAD$1.23 billion including 30% contingency
  • 93% of mill feed sourced from Indicated Mineral Resources
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