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Mt Mulgine PFS Confirms World’s Largest, Lowest-Cost Tungsten Project
8:27am on Tuesday 1st of September, 2026 AEST
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Mining
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Mt Mulgine PFS Confirms World’s Largest, Lowest-Cost Tungsten Project
8:27am on Tuesday 1st of September, 2026 AEST
Key Points
21-year mine life with 8 Mtpa base case
Pre-tax NPV8 of A$6.8 billion and IRR of 55%
All-in sustaining cost of US$127 per mtu WO3
Expansion option to 16 Mtpa with higher returns
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