Itafos Inc.
Itafos Completes Updated Preliminary Economic Assessment for the Arraias Phosphate Project
Itafos has completed an updated Preliminary Economic Assessment (PEA) for the Arraias Phosphate Project in Brazil, reporting a total Mineral Resource of 5 Mt (2 Mt M&I and 3 Mt Inferred). The PEA indicates a robust project with an 85% IRR and an after-tax NPV of $70.7 million USD.