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TTLXF / Tantalex Lithium reveals PEA for Manono lithium tailings project with IRR of 87.4% and NPV10 of US$764M

Tantalex Lithium Resources (CSE:TTX, OTC:TTLXF) has unveiled a preliminary economic assessment (PEA) for its Manono Lithium Tailings Project in the Democratic Republic of Congo (DRC) that it said is “perfectly aligned” with the results of its maiden resource report for the majority-owned project filed in January 2023. In a statement, the company said the PEA reveals excellent project economics and financial returns, highlighting a “robust” pre-tax net present value (NPV) with a 10% forward discount rate (NPV10%) of approximately US$764 million and an 87.4% internal rate of return (IRR) on a nominal basis. Read More

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Tantalex

Lithium

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Manono

Tailings

Project

Us 764m

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TTLXF

Posted: Oct 9 2023, 08:20

Author Name: Proactive Investors

TTLXF News

By Proactive Investors
October 9, 2023

Tantalex Lithium reveals PEA for Manono lithium tailings project with IRR of 87.4% and NPV10 of US$764M

Tantalex Lithium Resources (CSE:TTX, OTC:TTLXF) has unveiled a preliminary economic assessment (PEA) for its Manono Lithium Tailings Project in the De

By Proactive Investors
October 2, 2023

Tantalex Lithium and AJN Resources in line as DRC emerges as next lithium hotspot

Long renowned for its wealth of copper and cobalt, the Democratic Republic of Congo (DRC) has also been revealed as a significant source of lithium, t

By Proactive Investors
September 7, 2023

Tantalex Lithium includes tin and tantalum in updated mineral resource report for Manono tailings project

Tantalex Lithium Resources (CSE:TTX) told investors it has filed an updated NI 43-101 mineral resource report for the Manono lithium tailings project

By Proactive Investors
August 9, 2023

Tantalex Lithium Resources confirms ‘transformational' step as TiTan plant commissioning begins

Tantalex Lithium Resources (CSE:TTX) told investors that its majority-owned subsidiary United Cominiere SAS has started commissioning on its TiTan pla

By Proactive Investors
April 24, 2023

Tantalex Lithium strikes $2M loan agreement

Tantalex Lithium Resources (CSE:TTX) Corp revealed that it has struck a loan agreement with a director of the corporation through which it will recei

By Proactive Investors
March 17, 2023

Tantalex Lithium Resources clarifies disclosures, offers promising update on DRC projects

Tantalex Lithium Resources (CSE:TTX) Corp published an operational update on its three projects in Manono, Democratic Republic of the Congo. The c

By Proactive Investors
January 27, 2023

Tantalex Lithium Resources is enjoying “best of all worlds” as two projects move toward production

Lithium is all the rage these days and for good reason, with the world going increasingly electric and viable sources of near-term lithium supply insu

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