Heavy Minerals unveils ‘robust’ scoping study for Port Gregory garnet project

Heavy Minerals (ASX: HVY) non-executive chairman Adam Schofield joins Small Caps to discuss the company’s robust scoping study for its proposed Port Gregory garnet and ilmenite operation.

The study reveals a low capex requirement of $110 million to develop the project, which would bring in life of mine revenue of almost $1.6 billion over 16-years.

Heavy Minerals will progress the project through a pre-feasibility study and is already in preliminary discussion with brokers regarding financing options.

Article:
https://smallcaps.com.au/heavy-minerals-reveals-robust-garnet-economics-port-gregory-scoping-study/

For more information on Heavy Minerals:
https://smallcaps.com.au/stocks/HVY/

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