Fission Announces Tier 1 Economics for PLS with Feasibility Study: Lower Initial CAPEX, Increased Mine Life, NPV and IRR
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Tuesday, January 17, 2023
Tetra, Permeability, Tetra Tech, Project, Uranium, Strategic environmental assessment, NPV, PLS, Resource management, Nuclear energy, Mining, SLR Consulting, PFS, Environmental impact assessment, Consultant, Triple, Metallurgy, LNG, Environment, TMF, Greenhouse, Economics, Water, Groundwater, Growth, Nitrogen, FS, CAPEX, Feasibility study, Saskatchewan Highway 955, IRR, Oil, Rare-earth element, Tunnel, Athabasca Basin, Fission, Indigenous, Patterson Lake, Clearwater River, Ministry of Oil and Mineral Reserves (Syria)
These impressive FS results further enhance the robust economics outlined in the 2019 pre-feasibility study (the "PFS").
Key Points:
- These impressive FS results further enhance the robust economics outlined in the 2019 pre-feasibility study (the "PFS").
- Of additional note, initial CAPEX is marginally lower (~2%) than the PFS for a total of $1.155B – a remarkable achievement given current global inflation.
- The results confirm the economic strength of the PLS project as well as its minimal environmental footprint.
- With nuclear energy and the uranium sector strengthening year on year, Fission is ideally positioned to continue developing PLS through the environmental assessment and licensing phase.