Highfield Resources’ feasibility study update reconfirms “compelling economics” of potash project

Highfield Resources Ltd (ASX:HFR)’s feasibility study update for the Muga-Vipasca Potash Project in Spain has returned promising financial projections, including EBITDA of around €400 million per annum at full production.

Sensitivity analysis using current flat real spot prices for the whole life-of-mine results in a post-tax net present value (using a discount rate of 8%) (NPV8) of €2.8 billion and a 42% internal rate of return (IRR).

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