Pure Minerals Limited (ASX:PM1) announced that the Scoping Study undertaken by The Simulus Group confirmed the production of High Purity Alumina (HPA) at Townsville Energy Chemical Hub or TECH Project.
HPA as the co-product of the TECH project further enhances the value of the project with the post-tax NPV of $AUD 849 million and the IRR of 80%. The production 4,007 tpa of 99.99% (4N) HPA is forecasted.
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