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/project-news/15102019/highfield-resources-announces-increase-in-npv-for-muga-project/

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