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Mt Mulgine PFS Confirms World-Scale Tungsten Project with A$870M Capex

9:10am on Monday 7th of September, 2026 AEST Mining
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Mt Mulgine PFS Confirms World-Scale Tungsten Project with A$870M Capex

9:10am on Monday 7th of September, 2026 AEST
Key Points
  • Mt Mulgine PFS confirms 21-year mine life at 8 Mtpa
  • Initial capex estimated at A$870 million
  • Pre-tax NPV of A$6.8 billion and IRR of 55% under Fastmarkets forecast
  • Project positioned as lowest-cost global tungsten producer
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