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20 Feb

Sayona Mining reports ‘positive’ results at Moblan lithium

Sayona Mining on Tuesday reported “positive” definitive feasibility study (DFS) results for its Moblan lithium project, a part of its Eeyou Istchee James Bay hub in northern Québec, Canada. The Australia-listed lithium producer says Moblan has an estimated post-tax net present value (NPV) of CAD 2.2 billion ($1.6 billion), at an internal rate of return (IRR) of 34.4% with a 2.3-year payback period. The project, owned 60% by Sayona and 40% by SO…
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