Sierra Rutile's Sembehun Project Feasibility Study Results

Sierra Rutile Holdings Limited (ASX: $SRX) has released the results of the Definitive Feasibility Study (DFS) for the Sembehun Project in Sierra Leone. The study confirms that the Sembehun Project is a globally significant Tier 1 natural rutile deposit with a projected mine life of 14 years, extending Sierra Rutile's mine life and presenting a commercially attractive development opportunity. The DFS also indicates the potential to deliver significant incremental value with a reduced Capex estimate and expected payback within 55 months from project commencement.

Executive Commentary on Sembehun Project Feasibility Study

The Sembehun Project's Definitive Feasibility Study results are a testament to the significant value potential it holds for Sierra Rutile. The study confirms the project's status as a globally significant Tier 1 natural rutile deposit, and the reduced Capex estimate and expected payback period further enhance its attractiveness. We are pleased with the projected mine life extension and the potential to generate long-term value for our shareholders and the people of Sierra Leone.

Summary of Sembehun Project Feasibility Study Results

Sierra Rutile Holdings Limited's release of the Sembehun Project's Definitive Feasibility Study results marks a significant milestone for the company. The study confirms the project's potential to extend the mine life by 14 years, delivering substantial incremental value with a reduced Capex estimate and expected payback within 55 months from project commencement. The long-term rutile price assumption and steady state cash production costs further support the project's financial viability. The company's consideration of potential financiers and off-takers, as well as the ongoing discussions with the Government of Sierra Leone, indicate a proactive approach to maximizing the project's potential. The comprehensive overview provided in the announcement reflects Sierra Rutile's commitment to transparency and strategic development.