ABTC reports positive Initial Assessment for Tonopah Flats Lithium Project; NPV $4.41B, IRR 65.8%

AMERICAN BATTERY TECHNOLOGY Co

Inferred resource of 18.03 million tons lithium hydroxide monohydrate (LHM) at 3,815 ppm grade.
After-tax NPV of $4.41B at 10% discount; IRR of 65.8%; project payback period of 2.4 years.
Total mine and refinery capital costs estimated at $1.06B; average annual production of 33,000 tons LHM.
LHM production cost of $4,636/ton; life of mine 50 years with resource supporting over 400 years.

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