trending Market Intelligence /marketintelligence/en/news-insights/trending/h0ylyhd1kpypmx6ewocytw2 content esgSubNav
In This List

Independent review cuts CapEx of Vital Metals' Watershed project to A$105.8M

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023


Independent review cuts CapEx of Vital Metals' Watershed project to A$105.8M

An independent review of the capital costs for Vital Metals Ltd.'s Watershed tungsten project in Queensland, Australia, cut the CapEx estimate to A$105.8 million, compared to A$172 million in the 2014 definitive feasibility study.

The company commissioned the independent estimate as a prerequisite for discussions with nonequity funders.

Vital said March 22 that it will now work toward updating the resource estimate to JORC-2012 standards, which will flow into an optimized mining schedule, and continue discussions with potential off-takers.