A definitive feasibility study (DFS) into the Gabanintha vanadium project, in Western Australia, has found that it could support a 27.9-million pound a year vanadium pentoxide operation with a mine life of 16 years, establishing the project as the world’s largest primary vanadium producer.
The DFS estimated a pre-production capital cost of $318-million, with a pay-back period of 3.2 years, owner Technology Metals Australia said on Wednesday.