Highfield Resources announces increase in NPV for Muga project

Published by Nicholas Woodroof, Editor
World Fertilizer, Tuesday, 15 October 2019 10:00

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/

CF Industries announces emissions reduction project at Yazoo City

Friday 26 July 2024 09:18

CF Industries has announced that it is moving forward with a carbon capture and sequestration (CCS) project at its Yazoo City, Mississippi, Complex that is expected to reduce carbon dioxide (CO2) emitted to the atmosphere from the facility by up to 500 000 tpy.

You might also like