TNG steels for Mt Peake funding hunt

摘要

DFS was signed off on TNG Ltd's Mt Peake vanadium-titanium-iron project earlier this year and now attention has turned to financing. Pre-production capex, which will include all infrastructure requirements, is estimated at $970 million for stage one mining rate activities of 3 mtpa. After four years the operation will ramp up to 6 mtpa, which TNG plans to fund through revenue.