The government of the Northern Territory has awarded ASX-listed Thor Mining’s Molyhil tungsten/molybdenum project Major Project status.
A 2018 definitive feasibility study estimated that the project would require a capital investment of A$69-million and would produce an annual 125 000 t/y of ore, recovering some 8 583 t of tungsten and 3 133 t of molybdenum over a mine life of seven years.