$0.19 0.005 / 2.7% Source: ASX Code: ARU
Delayed 20 minutes
03/12/2021
05:19:41PM

Symbol Last Open Volume High Low Previous
ARU 0.19 0.195 3,214,803 0.195 0.19 0.185

PROJECT ECONOMICS

MINING AND PRODUCTION  
Mine Life (years) 38
NdPr Oxide (tpa) 4,440
SEG/HRE Oxide (tpa) 474
Phosphoric Acid (tpa 54% P2O5 MGA) 144,393
FINANCIAL US$ A$
Capital Cost ($m) 768 1,056
NdPr Oxide (US$/kg) 87 120
Rare Earth Sales Revenue ($m/pa) 388 534
Phosphoric Acid Sales Revenue ($m/pa) 58 79
Mining Costs ($m/pa) (30) (42)
Processing Costs ($m/pa) (105) (145)
General and Administration Costs ($m/pa) (15) (21)
EBITDA ($m/pa) 257 354
KPI ANALYSIS US$ A$
Operating Cost $/kg NdPr 33.91 46.60
Operating Cost $/kg NdPr net of P2O5 credit 24.76 34.06
NPV8 after tax ($m) 1,011 1,402
IRR after tax (%) 18.1% 18.1%

Refer to ASX Announcement Nolans Project Update dated 11 May 2021which assumes a long-term NdPr oxide price of US$87/kg. Average production and costs are calculated as the arithmetic annual average following the anticipated two year ramp up and excluding the final years of production from low grade stockpiles.