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Investment reliability

The unique properties of tantalum and niobium determine a stable and reliable demand now and in the future. Modern industry is significantly interested in using these elements.

Project indicators

Economic efficiency

In 2019, Taurus Infiniti LLC carried out a preliminary geological and economic assessment of the ore occurrence Mostove. As a result, reserves of category C2 and resources of category P1were approved in the State Service of Geology and Subsoil of Ukraine

TANTALUM ORE RESOURCES OF THE MOSTOVE DEPOSIT

ClassCategoryTonnage, ttTa2O5, %Resources Ta2O5, tNb2O5, %Resources Nb2O5, t
222C2350.80.0103036.10.0065924.4
333P14384.30.02153755.10.01101386.1
222+333C2+P14735.10.0208796.10.01076413.0
334P21556.50.02061200.9200.9104.2
222+333+334C2+P1P26291.60.02075997.00.01074517.2

As a result of the technical and economical report preparation, the sufficient attractiveness of the project according to standard indicators of investment projects is shown.

GENERALIZED TECHNICAL AND ECONOMIC INDICATORS

# Indicator’s name Values (annual or total)
1 Balance reserves, thousand tons 350.791
2 Annual ore production, thousand tons 70
3 Lifetime, years 7
4 Capital investment, $ million 5.89
5 Concentrate price, $/t 89.43
6 Net cash flow, million $ 3.61
7 Profitability index 1.07
8 РВР – payback period, years 5