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Mont Royal’s Ashram PEA Confirms CAD$2 Billion Value and High-Grade Fluorspar Potential
8:33am on Friday 31st of July, 2026 AEST
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Mining
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Mont Royal’s Ashram PEA Confirms CAD$2 Billion Value and High-Grade Fluorspar Potential
8:33am on Friday 31st of July, 2026 AEST
Key Points
Updated PEA shows CAD$2.03 billion post-tax NPV and 22% IRR
Average annual production of 17,466 tonnes saleable Rare Earth Oxide
High-grade fluorspar up to 39.8% CaF2 confirmed at Mallard Prospect
30-year mine life with low cash costs and strong EBITDA margin
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