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Estrella reveals a US$1.45 billion case for Timor-Leste limestone

8:18am on Thursday 12th of November, 2026 AEDT • Mining
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Estrella reveals a US$1.45 billion case for Timor-Leste limestone

8:18am on Thursday 12th of November, 2026 AEDT
Key Points
  • US$1.453 billion after-tax, pre-financing NPV10 at 25 Mtpa
  • US$476 million Stage 1 and Stage 2 capital, with US$363 million peak funding
  • 8 Mtpa starter case targets first revenue in Q3 2028, subject to FID
  • 533 Mt JORC Resource includes 274 Mt Indicated and 259 Mt Inferred
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