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Energy Fuels Inc. (TSX:EFR) - Vara Mada Feasibility Study Update Outlines Robust Economics - Research Portal
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Energy Fuels Inc. (TSX:EFR) - Vara Mada Feasibility Study Update Outlines Robust Economics - Research Portal
Energy Fuels (EFR) announced an Updated Feasibility Study (FS) for the Vara Mada (formerly known as Toliara) project in Madagascar. The study outlined an after-tax NPV10% of US$1.8B and 24.9% IRR (at US$280/t Ilmenite, US$1,400/t Rutile, US$1,750/t Zircon, and US$6,600/t Monazite). We are pleased at the upgrade to the FS which better fits EFR’s strategy of ultimately delivering about one quarter of its saleable product to itself. After updating o
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