A scoping study into ASX-listed Strike Resources’ Paulsens East iron-ore project, in the Pilbara, has estimated that the project could generate between A$688-million and A$910-million in revenues over a four-year mine life.
The scoping study estimated a production rate of 1.5-million tonnes a year at a C1 cost of A$66/t, with the net present value estimated at between A$81-million and A$238-million, and the internal rate of return at between 263% and 649%.