Firefly Metals outlines Green Bay PEA with post-tax NPV(7%) above A$2.2 billion for 1.8 Mtpa option

Reuters2026/08/25 00:25

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Firefly Metals outlined a preliminary economic assessment for the Green Bay copper-gold project in Newfoundland, Canada, with two restart scale options.
Post-tax NPV(7%) estimated at about A$2.2 billion for the 1.8 Mtpa case, with a 42% IRR.
Upscaled 4.6 Mtpa case showed post-tax NPV(7%) of about A$3.0 billion, with a 40% IRR.
Initial capital estimated at about A$513 million for 1.8 Mtpa; expansion capital about A$476 million for 4.6 Mtpa; payback 1.9 years or 3.7 years.
Cash and liquid investments totaled about A$183.4 million with no debt; copper equivalent resources of 60.2 Mt at 2.4% CuEq (M&I).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Firefly Metals Ltd. published the original content used to generate this news brief on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Firefly Metals outlines Green Bay PEA with post-tax NPV(7%) above A$2.2 billion for 1.8 Mtpa option

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