Foran’s initial phase FS on McIlvenna Bay outlines long-life operation with $1.2bn NPV
The technical report highlights a robust, long-life operation with average annual production of 72.8 million lb CuEq over the first 15 years of mine life.
Mining the sea floor opens a vast source of key metals needed for clean energy, but should start after a full evaluation of likely environmental impacts, report shows.