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Australian Strategic Materials welcomes results of optimisation study on Dubbo project

Australian Strategic Materials welcomes results of optimisation study on Dubbo project

Australian Strategic Materials' Dave Woodall discusses an optimisation study for the Dubbo project, which has revealed a pre-tax NPV of A$2.361 billion and pre-tax IRR of 23.5%. The strong financial results, based on an initial ore reserve of just 18.9 million tonnes with considerable upside potential, also include an annual free cash flow of A$425 million.