CEO Adam Wooldridge discusses the Ngami #Copper Project with @Proactive_UK's Stephen Gunnion, highlighting the porjects potential of an NPV of over A$1 billion and an IRR exceeding 90% based on a 40% copper recovery estimate.
👉 Watch the full interview: https://loom.ly/i5ZxFZE
Cobre's Scoping Study for the Ngami #Copper Project reveal exceptional economics:
🔹 2-stage production model (1.9ktpa Cu → 40ktpa Cu)
🔹 ~A$1B NPV with conservative 40% recovery
🔹 90% IRR
NCP is operating on the bottom of the global copper cost curve
👉 https://loom.ly/Zk0vXJY
Cobre's latest high-purity quartz discovery in WA could change the game!
With over 70% of the world's HPQ coming from a single source, our Perrinvale project offers a promising alternative.
Next steps: converting the target to a resource & beneficiation testing.
$CBE
Cobre Limited (ASX: $CBE) is pleased to announce a High Purity Quartz (#HPQ) Exploration Target of 5.1 Mt to 28.3 Mt at a pre-beneficiation SiO2 grade of 99.1% to 99.6% at the Company’s wholly owned Perrinvale Project in Western Australia.
Read more: https://loom.ly/KeI2DeM
Relative pricing of #silicon products as purity increases:
#CopperNews
Copper demand is set to grow 70% by 2050, fueled by electrification, #decarbonization, and digitization across all economies!
Get the full @BHP story: https://www.bhp.com/news/bhp-insights/2024/09/how-copper-will-shape-our-future
Find out more on #CBE: https://loom.ly/Ant7y6o