Clearwater Project PFS: $3.72B NPV, 24.6% IRR
E3 Lithium Ltd.'s Clearwater Project in Alberta, Canada (Bashaw District) has a Pre-Feasibility Study (PFS) outlining an after-tax NPV of $3.72B, an after-tax IRR of 24.6%, and initial capital of $2.46B. The mine plan runs 50 years at about 32250 tonnes LHM/year (initial); 25,850 tpa average per year.
E3 Lithium Ltd.'s Clearwater Project has reported Pre-Feasibility Study (PFS) results for the lithium project in Alberta, Canada (Bashaw District). The study headlines an after-tax net present value of $3.72B at a 8% discount rate. It reflects E3 Lithium Ltd.'s (ETL.V) latest disclosed economics for the asset.
Economics. The after-tax NPV is $3.72B using a 8% discount rate. After-tax IRR is 24.6%. Initial capital expenditure is estimated at $2.46B, with life-of-mine sustaining capital of $1.26B. The study models a payback period of 4.25 years. Economics are based on Average LHM Price (BMI) US$31,344/tonne.
Production and mine plan. The project envisions a brine extraction (dle) operation. Life of mine is 50 years. Average annual production is approximately 32250 tonnes LHM/year (initial); 25,850 tpa average. Average head grade is ~76 mg/L Li.
Resources and ownership. Mineral reserves: Proven & Probable: 1.14 million tonnes LCE (Bashaw District). Mineral resources: M&I: 21.22 million tonnes LCE (Bashaw 16.22 + Garrington 5.00); Inferred: 0.32 million tonnes LCE (Garrington). The company holds a 100% interest in the project.
These figures are extracted from E3 Lithium Ltd.'s technical disclosures and reflect the most recent PFS on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.