Aneka Tambang, Indonesia Battery Corporation and a consortium led by LG are building the facility as part of a $9.8 billion “grand package” to build battery production onshore.
Whittle Consulting and Pronto joint study modeled the net present value of mining a representative copper ore body through four different scenarios, taking into account all facets of the mining value chain over an 18 year life-of-mine horizon.
Despite the latest feasibility study outlining the potential for a larger, longer lasting, and cost-efficient operation, it comes at an 87% higher price tag.