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Metals Australia advances $3.72 billion Lac Carheil project toward feasibility
8:11am on Friday 30th of October, 2026 AEDT
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Mining
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Metals Australia advances $3.72 billion Lac Carheil project toward feasibility
8:11am on Friday 30th of October, 2026 AEDT
Key Points
Combined Lac Carheil pre-tax NPV8 of A$3.72 billion and post-tax NPV8 of A$2.56 billion
Feasibility metallurgical testing and environmental surveys advanced in Québec
45.7Mt Inferred Manindi resource grading 9.4% TiO₂, 0.25% V₂O₅ and 21% Fe
Manindi test work produced titanium oxide exceeding 99% purity
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Metals Australia (ASX:MLS)
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