RE: POSITIVE FEASIBILITY STUDY DEMONSTRATES PROFITABLE MAGNET RECYCLING BUSINESS IN UK25 Nov 2024 08:18
I can see this multibagging in the coming days:
US$262 million post-tax Net Present Value (NPV)[2] and 23% real internal rate of return (IRR) based on current market prices[3], [4]
Julian Treger, CoTec CEO commented: "We are very pleased with the results of the independent Feasibility Study, which further demonstrates the advanced commercialization potential of HyProMag's technology. HyProMag has the capacity to provide the United States with a secure domestic source of permanent magnets to accelerate the revitalizing of U.S. magnet production, metallization, and skills development, a strategic priority for the U.S. Government."