McLaren Minerals’ pre-feasibility study for the McLaren Titanium Project in Western Australia forecasts total revenue of A$2.78bn and EBITDA of A$899.7m over 15.9 years. The study reveals an expanded mineral resource estimate of 529mt at 4.5% heavy minerals, with a high-level conceptual pit estimated to contain 185.7mt at 5.85% heavy minerals.

Financial projections show a pre-tax net present value of A$252.2m and an internal rate of return of 26%. The project aims for a life-of-mine net revenue of A$2.6bn with an average annual EBITDA of A$56.5m. The project plans to utilize traditional mineral sands separation equipment for bulk mining.

McLaren Minerals plans to advance towards a BFS for the McLaren Titanium Project, which is located close to established infrastructure and export facilities in Western Australia. The project benefits from high demand for titanium in aerospace, automotive, and other industrial sectors. The company aims to optimize mining and processing methods for economic and sustainable development.

Read more at Yahoo Finance: McLaren Minerals forecasts $1.86bn in revenue from McLaren Titanium Project