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Clinton Booth from Green Critical Minerals (ASX: GCM) shares exciting updates on their Mackintosh Graphite Project in WA. Clinton reveals the pre-feasibility study results show a post-tax NPV of $235M and an IRR over 25%, with a project life exceeding 30 years and modest $55M capital cost.
Clinton highlights the challenges of entering the graphite market, but demonstrates Mackintosh's potential to be a feedstock for their VHD technology, promoting scalability and economic viability. The acquisition of VHD technology has enhanced their capability to deliver innovative solutions.
Collaborations with data centres push Green Critical Minerals to commercialize swiftly. Clinton notes strong progress on a production plant, enabling them to negotiate sales agreements soon and align with geopolitical shifts to reduce dependency on Chinese imports, targeting US and global markets.