Defense Metals - Robust Economics from Wicheeda Rare Earth Deposit PFS
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Defense Metals has completed a Pre-Feasibility Study for its Wicheeda Rare Earth Deposit, highlighting robust economics with a pre-tax NPV of $1.8 billion and an IRR of 24.6%. The project is one of the most advanced undeveloped rare earth projects in North America or Europe.
February 18, 2025 | 8:15 am
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Defense Metals' Wicheeda Project PFS reveals strong economic potential, positioning it as a leading undeveloped rare earth project in North America or Europe.
The completion of the PFS with strong economic indicators such as a high NPV and IRR suggests positive future prospects for Defense Metals, likely boosting investor confidence and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100