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PMET adds tantalum leverage as Shaakichiuwaanaan moves toward development

9:07am on Wednesday 11th of November, 2026 AEDT • Mining
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PMET adds tantalum leverage as Shaakichiuwaanaan moves toward development

9:07am on Wednesday 11th of November, 2026 AEDT
Key Points
  • After-tax NPV8% of approximately CA$5.1 billion at PMET’s base-case pricing assumptions
  • Life-of-mine AISC falls 18% to CA$657 per tonne after tantalum credits
  • Phase 1 targets approximately 560,000 tonnes per year of spodumene concentrate
  • Maiden probable tantalum reserve declared alongside 83.0Mt lithium-tantalum reserve
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