Neometals (ASX:NMT) encouraged by “robust” pre-feasibility for vanadium project in Finland
Source: Business News
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Neometal's (NMT) pre-feasibility study is said to put up a strong case for its joint venture vanadium recovery project in Finland
The company is currently undergoing a joint evaluation for the feasibility of constructing a facility to process and recover high-grade vanadium chemicals from vanadium-bearing steel making by-product
Neometals said it is "extremely encouraged" by the outcomes of the study, affirming it highlights robust economic margins with a first quartile position on the operating cost curve