Projected capital costs for the Yangibana rare earths project, in Western Australia, have increased from the A$335-million estimated in 2017, to A$427-million, ASX-listed Hastings Technology Metals reported.
The company on Monday said that refinements of the 2017 definitive feasibility study (DFS) has also re-calculated the project’s net present value as A$447-million, compared with the A$466-million previously estimated, with the average annual free cash flow estimated at A$137-million.