Skip to main content

Highfield Resources announces increase in NPV for Muga project

Published by , Editor
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

Petrobras approves start of reactivation of fertilizer factory in Araucária

The Executive Board of Petrobras unanimously approved the initial measures for the revitalisation and future resumption of operations at the fertilizer factory Araucária Nitrogenados S/A – ANSA, a wholly-owned subsidiary of the company. The plant, located in Paraná, has been in hibernation since 2020. ?

 
 

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


 

This article has been tagged under the following:

Fertilizer project news