Meridian Updates on Cabaçal’s Advancement Towards Final Investment Decision

Highlights:Cabaçal, Brazil’s next copper-gold mine, has entered the pre-construction phase:- Leading Brazilian and international engineering firm AFRY awarded Cabaçal’s EPCM contract;- 138 kV power line Installation Licence and access agreements for power easement to site are established;- Engineering contracts for upgrading “heavy vehicle” road access to site awarded;Cabaçal’s DFS1 results of USD 2.1B NPV5 and 108% IRR generate strong offers for project finance:- …

Source: https://www.newsfilecorp.com/release/323020/Meridian-Updates-on-Cabaals-Advancement-Towards-Final-Investment-Decision