Bion’s Ammonia Recovery Technology Optimization Moves to Final Design
The Kachi Project (“Kachi”, “Kachi Project” or “Project”) Phase One DFS demonstrates that Kachi is a tier one project, backed by a significant resource and strong economics positioning it competitively within the growing lithium market.
Kachi Project Phase One Financial Highlights
– The Project boasts a post-tax NPV8 of US$2.3 billion and an internal rate of return (“IRR”) of 21%.
– Targets battery grade lithium carbonate revenue of US$21 billion and US$16 billion EBITDA for the 25-year life of mine (“LoM”).
– Targets annual average EBITDA of US$635 million and EBITDA margin of 76%.
– US$1.38 billion estimated initial Capex for Phase One is within the range provided in the previous operational update.
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