- Graphite One Inc. (GPH) announced the results of its pre-feasibility study for the Graphite One Project
- The project would have a pre-tax internal rate of return of 26.00 per cent, and a net present value of $1.93 billion and a payback period of 4.6 years
- The project’s measured indicated resources increased 197 per cent and inferred resources by 177 per cent
- Over 23 years, the project’s production facility would produce roughly 75,000 tonnes per to sell at an average price of $7,301 per tonne
- Graphite One Inc. (GPH) is up 2.33 per cent and is trading at $1.32 per share as of 3:26 p.m. ET
Graphite One (GPH) announced the results of its pre-feasibility study for the Graphite One Project.
The company expects the project to have a pre-tax internal rate of return of 26.00 per cent, with a net present value of $1.93 billion and a payback period of 4.6 years.
It also would have a post-tax internal rate of return of 22.00 per cent, with a net present value of $1.36 billion and a payback period of 5.1 years.
According to the company’s study, the project’s measured indicated resources increased 197 per cent and inferred resources by 177 per cent compared to 2019 results.
The Graphite One Project is planned as an integrated business operation to produce lithium-ion battery anode materials and other graphite products for the U.S domestic market on a commercial scale using primarily natural graphite from Alaska.
Over its estimated 23-year life, the project’s production facility would produce roughly 75,000 tonnes per year of products and expects to sell its products at an average price of $7,301 per tonne.
The facility, at full capacity, is designed to produce 51,167 tonnes per year of anode materials for the electric vehicle and energy storage battery markets, 7,585 tonnes per year of purified, sized material for the specialty graphite market, and 18,622 tonnes per year for the unpurified, traditional graphite market.
Graphite One Inc. (GPH) is up 2.33 per cent and is trading at $1.32 per share as of 3:26 p.m. ET.