Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Australia-registered Gulf Manganese Corporation has redrafted its Timor smelter study, which shows that the project has the potential to return earnings before interest, tax, depreciation and amortisation (Ebitda) of $374.7-million over a ten-year period. The ASX-listed company, which published the redrafted Timor smelter study and a project update on Monday, stated that the smelting hub would have an estimated net present value (NPV) of $160.6-million, using an 8% discount factor.
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