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Viridis puts Colossus on the construction track with US$1.2bn after-tax NPV
5:39pm on Monday 28th of September, 2026 AEST
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Mining
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Viridis puts Colossus on the construction track with US$1.2bn after-tax NPV
5:39pm on Monday 28th of September, 2026 AEST
Key Points
US$1.196bn after-tax NPV8 and 36.4% after-tax IRR in the DFS
200.1Mt Ore Reserve supports a 25-year, 5Mtpa production target
Demonstration plant achieved 78.7% MREO and 64.0% TREO recoveries
A$117m raised after year end through shares issued at A$3.79
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Viridis Mining and Minerals (ASX:VMM)
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