The Yogi magnetite mine has a life of mine (LoM) of approximately 16 years. The Project will produce magnetite concentrate at a rate of 5 Mtpa. The mine will deliver ore at a rate of 20 Mtpa dry (nameplate capacity) to achieve the targeted concentrate production.
The Mineral Resource estimates presented were derived from a mineral resource model created on 20 January 2021. After validation and reporting, the mineral resource model is considered to support the Mineral Resource estimates for the Yogi magnetite deposit as of 1 December 2020. The Mineral Resource Estimates are classified in accordance with the JORC Code by SRK (2012).
