Vital’s Tungsten Project Costs $172 Million

Details: Category: Tungsten's News; Published on Thursday, 18 September 2014 14:28; Hits: 1360

A definitive feasibility study (DFS) into the Watershed tungsten project, in Queensland, has placed a $172 million price tag on the project’s development, owner Vital Metals reported on Wednesday.

The DFS concluded that the project could support a 2.5-million-tonne-a-year operation for a mine life of ten years, based on a maiden ore reserve of 21.3 million tonnes, grading 0.15% tungsten, for 31 400 t of contained tungsten.

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