Vanadium is a valuable addition to Toro Energy’s pilot processing plant design. Credit: File On the back of a strong scoping study last year, Perth-based company Toro Energy has commissioned a pilot processing plant design and added vanadium to its Wiluna uranium project in Western Australia’s Goldfields region.
The study into a standalone uranium-vanadium mining and processing operation at its Lake Maitland deposit, about 105km south-east of Wiluna and within the company’s broader Wiluna project, holds a pre-tax net present value of $610 million at an eight per cent discount rate and a total capital cost of $270 million.
Toro has engaged with long-standing business partner Strategic Metallurgy for the pilot plant design, which will use an operational scale flowsheet that now includes beneficiation, filtration and ion exchange to produce both uranium and vanadium products.
The company’s proposed operation would process about 1.94 million tonnes of ore per annum over a mine […]
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