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PFS Delivers Robust Project Economics for Project
PFS Delivers Robust Project Economics for Project.
About this update from Zinnwald Lithium Plc
[{"type":"text","content":"\n\nPrior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulation. With the publication of this announcement, this information is now considered to be in the public domain.\n \nZinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector: Mining\n31 March 2025\n \nPre -Feasibility Study Delivers Robust Project Economics for the Zinnwald Lithium Project, Germany\n \nThe potential to be one of the largest integrated lithium operations in Europe \n \nZinnwald Lithium plc, the European focused lithium company developing the integrated Zinnwald Lithium Project (the 'Project') in Germany, is pleased to announce that a Pre-Feasibility Study ('PFS') has been published for its integrated Zinnwald Lithium Project (the 'Project') in Germany, prepared by Snowden Optiro.\n \nHIGHLIGHTS\nStrong economic potential\n· PFS confirms the technical and financial viability of an integrated mining and processing operation at the 100% owned Zinnwald Lithium Project.\n· €3.3 billion pre-tax Net Present Value ('NPV') at 8% discount rate, Post-Tax €2.2 billion.\n· 23.6% pre-tax Internal Rate of Return ('IRR'), Post-Tax 19.8%.\n· Life of Mine ('LOM') free cash flow post-tax of €12.1 billion.\n· C1 cash operating cost of €8,403 per tonne lithium hydroxide monohydrate ('LHM') operating cost over the 41-year LOM.\n· 5 year payback period from start of production for Phase 1 of the planned phased project.\n \nSignificant integrated lithium project\n· Maiden Ore Reserve of 128 Mt grading 4,428ppm (0.44%) Li₂O supporting a phased development strategy:\no Phase 1: Forecast 18,000 tonnes per annum ('tpa') of LHM\no Phase 2: Forecast peak production of 35,100 tpa LHM, effectively doubling capacity within Phase 1 project footprint.\n· The mine is located within a granted Mining Licence in a historic mining district with well developed infrastructure.\n \nSustainable\n· Significant contributor to the region in terms of taxation and employment opportunities...