Boron One updates Serbian project economics, raising projected returns
What happened
Boron One Holdings released an updated preliminary economic assessment for its Piskanja boron project in Serbia. The study forecasts an after-tax internal rate of return of 89%, up from 79% in a 2022 study. At a 10% discount rate, the net present value rises to $558.8 million, and average annual gross revenue is projected to reach $140.4 million.
From mining.com
Why it matters
Boron is considered a critical mineral in the United States, the United Kingdom, and the European Union. The updated economic viability of the Serbian project could diversify critical mineral sources for the European market and ease supply chain risk.
From mining.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- EuropeSpeculative
The European market might see reduced supply chain risk due to new Serbian boron supply.
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