VANCOUVER, BC, Aug. 1, 2024 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) announced today an update to the initial capital, sustaining, and operating cost estimates for the Company's 100%-owned Rook I Project (or "the Project"). The estimated pre-production capital costs ("CapEx") are Canadian Dollar ("C$") C$2.2 billion / US Dollar ("USD") $1.58BN, with an average cash operating cost ("OpEx") over the life of mine ("LOM") estimated at an industry leading C$13.86/lb (USD$9.98/lb) U3O8. Sustaining capital costs ("SusEx") were also updated and are estimated at C$785 million (average of ~C$70 million per year), inclusive of closure costs of approximately C$70 million. The change in costs reflects both inflationary changes as well as the significant advancement of engineering and procurement, optimized constructability, and enhanced environmental performance.
Read more at newswire.caNexGen Provides Updated Economics for the Rook I Project
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