Red Rock Converter PEA: C$2.30B NPV, 22% IRR
Rock Tech Lithium Inc.'s Red Rock Converter in Red Rock, Ontario, Canada has a Preliminary Economic Assessment (PEA) outlining an after-tax NPV of C$2.30B, an after-tax IRR of 22%, and initial capital of C$1.30B.
Rock Tech Lithium Inc.'s Red Rock Converter has reported Preliminary Economic Assessment (PEA) results for the lithium project in Red Rock, Ontario, Canada. The study headlines an after-tax net present value of C$2.30B. It reflects Rock Tech Lithium Inc.'s (RCK.V) latest disclosed economics for the asset.
Economics. The after-tax NPV is C$2.30B. After-tax IRR is 22%. Initial capital expenditure is estimated at C$1.30B. All-in sustaining costs are pegged at 6111 CAD/t LHM.
Production and mine plan. Average annual production is approximately 32 ktpa LCE.
These figures are extracted from Rock Tech Lithium Inc.'s technical disclosures and reflect the most recent PEA 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.
Our Analysis
At 22% after-tax IRR, the project ranks in the lower half of the 16 Lithium projects we track, and clears the ~15% after-tax return developers typically need to finance a build. Its after-tax NPV is well above the company's market capitalisation (roughly 22.3x, on a currency-adjusted basis) — a wide gap that can flag value the market hasn't yet priced — though dilution, financing and permitting risk usually explain part of it. Initial capital runs to about 57% of project NPV, making it moderately capital-intensive; funding that build is the central execution risk.
Our take, benchmarked against the project economics in the Mining Stocks database. Figures are estimates drawn from company technical reports — not investment advice; always verify against the source filing.