Wicheeda Rare Earth Element Project PFS: $1.00B NPV, 18.6% IRR
Defense Metals Corp.'s Wicheeda Rare Earth Element Project in Canada, British Columbia (near Prince George) has a Pre-Feasibility Study (PFS) outlining an after-tax NPV of $1.00B, an after-tax IRR of 18.6%, and initial capital of $1.40B.
Defense Metals Corp.'s Wicheeda Rare Earth Element Project has reported Pre-Feasibility Study (PFS) results for the rare earth elements (ree) – neodymium (nd) and praseodymium (pr) project in Canada, British Columbia (near Prince George). The study headlines an after-tax net present value of $1.00B. It reflects Defense Metals Corp.'s (DEFN.V) latest disclosed economics for the asset.
Economics. The after-tax NPV is $1.00B. After-tax IRR is 18.6%. Initial capital expenditure is estimated at $1.40B. The study models a payback period of 3.7 years.
Production and mine plan. Average head grade is 2.3% TREO.
Resources and ownership. Mineral reserves: Only undeveloped REE mining reserve in North America (reserve level not numerically specified). The company holds a 100% interest in the project.
These figures are extracted from Defense Metals Corp.'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.