Lodestone's Phased Approach
PILOT PLANT -
ECONOMICS - 1.5m USD equity with 0.37m USD EBITA per year.
SALES - 4,000 tpy petrochemical catalyst feedstock & 7,000 tpy HMS media for coal washing.
MIDI PLANT -
ECONOMICS - 35m USD investment with 24.4m USD EBITA per year after ramp up.
SALES - 1.0 MPTY of high grade concentrate and a further 104 KTPY of niche products.
OPPORTUNITY - 2.4m tons of free dig available reducing mining costs significantly in the first 2 years.
MAXI PLANT -
Invest a further 150m USD and ramp up to 2.0 MPTY of high grade iron ore concentrates with a reserve of over 32 million tons of high grade concentrate (>66% Fe).