Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
The significant depreciation of the Australian dollar value, and the subsequent lower costs of Australian products and services would result in economic benefits to ASX-listed Vital Metals’ proposed Watershed tungsten project, in Queensland. Vital on Thursday reported that a review of its 2014 definitive feasibility study had resulted in a decrease in expected capital expenditure, from the A$172-million to between $138-million and $129-million, depending on the exchange rate.
The significant depreciation of the Australian dollar value, and the subsequent lower costs of Australian products and services would result in economic benefits to ASX-listed Vital Metals’ proposed Watershed tungsten project, in Queensland. Vital on Thursday reported that a review of its 2014 definitive feasibility study had resulted in a decrease in expected capital expenditure, from the A$172-million to between $138-million and $129-million, depending on the exchange rate.
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