SRG Mining Inc (TSE:FLCN) has released an update.
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Falcon Energy Materials announced promising results from its Preliminary Economic Assessment for its integrated development plan, featuring the Lola Graphite Project in Guinea and an Anode Plant in Morocco. The assessment highlights significant financial potential, positioning Falcon as a key player in the graphite anode material industry. With an impressive after-tax NPV of $1,321 million and an IRR of 43% over 25 years, the project is set to become a cost-effective leader in the market.
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