Revised PFS released for Orokolo Bay Mineral Sands project

COMPANY ANNOUNCEMENT 

Revised PFS released for Orokolo Bay Mineral Sands project 

05 August 2016

Mayur Iron has concluded the PFS for the Orokolo Bay Mineral sands project in PNG. The project has been revised significantly since the original PFS that was released in early 2014 and is now an ultra-low capex/opex project that has multiple products stream delivering robust economics including an NPV of USD126m, payback within 1 year and an IRR of 133%

For more info please download the project brochure on the mineral sands page of our website.