Skip to main content

Highfield Resources announces increase in NPV for Muga project

Published by
World Fertilizer,


Highfield Resources has announced a significant upgrade in the financial metrics for its Muga potash project in Spain, raising its net present value (NPV) by nearly 70%.

A number of enhancements were made to the planned design of the process plant and mine, improving grade, environmental outcome and project financials, with an NPV8 and IRR of €1.97 billion and 25%, respectively (from €1.16 billion and 23%, respectively).

The enhancements have also resulted in an increase in the project's CAPEX, from €541 million to €576 million.

Read the article online at: https://www.worldfertilizer.com/potash/15102019/highfield-resources-announces-increase-in-npv-for-muga-project/

You might also like

Stamicarbon

WEBINAR - ADVANCE INSIGHT™: Optimizing the future of urea plant operations with digital solutions

In this webinar Stamicarbon talks about how you can bring your urea plant into the 21st century through digital technology with the purpose to improve production efficiency. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Fertilizer project news