{"id":109873,"date":"2026-06-30T09:25:08","date_gmt":"2026-06-30T09:25:08","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/109873\/"},"modified":"2026-06-30T09:25:08","modified_gmt":"2026-06-30T09:25:08","slug":"metals-australia-reports-strong-graphite-project-economics","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/109873\/","title":{"rendered":"Metals Australia reports \u2018strong\u2019 graphite project economics"},"content":{"rendered":"<p><a href=\"https:\/\/metalsaustralia.com.au\/\" target=\"_blank\" rel=\"nofollow noopener\">Metals Australia<\/a>\u2019s (ASX:MLS) Lac Carheil Graphite Project Prefeasibility Study (PFS) for an open cut mine and flake graphite concentrate plant confirms a pre-tax net present value (NPV) of $790.8 million.<\/p>\n<p>The Qu\u00e9bec-based project is also set to deliver an after-tax NPV of $572 million at an 8% discount rate, with a 22% internal rate of return. <\/p>\n<p>According to the study, the project will produce an annual average of 101,241 tonnes of flake graphite concentrates grading 95.4% graphitic carbon over a 24-year mine life.<\/p>\n<p>The project is underpinned by maiden ore reserves of 21.51 million tonnes (Mt) grading 11.14% graphitic carbon for 2.4Mt contained graphite. <\/p>\n<p>Located 20km south of Fermont, Qu\u00e9bec, Lac Carheil covers a total mineral resource of 50Mt grading 10.2% graphitic carbon for 5.1 million tonnes of contained graphite, including indicated resources of 24.8Mt grading 11.3% graphitic carbon for 2.8Mt.<\/p>\n<p>Meanwhile, total capex is estimated at US$346.3 million ($504 million), including a US$40 million contingency. <\/p>\n<p>The project qualifies for Canada\u2019s clean technology manufacturing investment tax credits of up to 30%, forecast at US$96.7 million, which could reduce effective capital costs to US$249.6 million.<\/p>\n<p>CEO Paul Ferguson says the economics demonstrate that Lac Carheil is a \u201csignificant asset\u201d.<\/p>\n<p>\u201cWe see the project as Canada\u2019s next fully integrated high purity graphite project \u2014  and we remain steadfast in our endeavour to progress it towards development,\u201d Ferguson says.<\/p>\n<p>Now advancing the project to final feasibility, Metals Australia has commenced critical path metallurgical testwork and environmental survey programs required for the environmental and social impact assessment.<\/p>\n<p>The company notes production is targeted for late 2030 with an initial operations workforce of 143 personnel.<\/p>\n<p><a href=\"https:\/\/mining.com.au\/company\/metals-australia-ltd\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Metals Australia<\/a> is focused on <a href=\"https:\/\/mining.com.au\/commodities\/critical-minerals\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">critical minerals<\/a> and metals discovery, with a portfolio of projects across Canada, Western Australia, and the Northern Territory.<\/p>\n<p>Write to <a href=\"https:\/\/mining.com.au\/metals-australia-reports-strong-graphite-project-economics\/mailto:paula.fabe@mining.com.au\" rel=\"nofollow noopener\" target=\"_blank\">Paula Fabe<\/a> at <a href=\"https:\/\/mining.com.au\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Mining.com.au<\/a><\/p>\n<p>Images: Metals Australia<\/p>\n<p>Add to Watch List:Metals AustraliaCritical MineralsOther Minerals<\/p>\n","protected":false},"excerpt":{"rendered":"Metals Australia\u2019s (ASX:MLS) Lac Carheil Graphite Project Prefeasibility Study (PFS) for an open cut mine and flake graphite&hellip;\n","protected":false},"author":2,"featured_media":109874,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[17,3756,38546,4642,38545,38547,32941,241,15542],"class_list":["post-109873","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-canada","tag-critical-minerals","tag-environmental","tag-manufacturing","tag-metallurgical-testwork","tag-net-present-value","tag-prefeasibility-study","tag-quebec","tag-survey"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/109873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=109873"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/109873\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/109874"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=109873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=109873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=109873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}