Over a 21-year mine life, Mont Sorcier's annual production target is set at 5Mt of high-grade, low-impurity iron concentrate grading 65% iron with 0.52% V2O5 per tonne.
Inflation and supply chain disruptions are to blame for the stall of cost reductions for renewable energy in Australia, according to the 2022 GenCost report.
After a brutal second quarter, investors in the world’s 50 biggest mining companies are in full retreat as metal prices slump and uncertainty grips the sector.
In addition to ESG risks linked to its extraction, cobalt is at the top of the list because only two countries are in charge of producing and refining the battery metal.