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Tunsten Mine, Brazil

Tunsten Mine, Brazil

Currently in operations with estimated Mineral resources of 5.5mt at 0.8% WO3. Production of 1.8kt scheelite (CaWO4) and expected life of mine of 20 years. The economic analysis presented takes into consideration a discount rate of 10%, NPV of R$124M, an IRR of 44%, a payback of 2.2 years and a NPV/CAPEX factor of 6.2.

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