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The Toliara mineral sands definitive feasibility study 2 , released in December 2021, estimates mining rates at 13-million tonnes a year in Stage 1, increasing to 25-million tonnes a year following the implementation of Stage 2 inMonazite was treated as a waste stream in DFS2 and was returned to the mining pit void with all other tailings.
The monazite prefeasibility study , released in December 2023, shows that tails from the mineral sands processing, planned under the Toliara mineral sands project, can be easily upgraded to a monazite product with modest additional capital expenditure. When combined with the Toliara mineral sands project, the project has an after-tax/predebt NPV of $2-billion and an IRR 32.4%, with a payback of 3.6 years.Planned Start/End Date
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