News and Announcements
Scoping Study for Renewable Chemical Project by Leaf Resources
- Published October 14, 2015 12:19PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
14th October 2015, ASX Announcement
Scoping Study Highlights:
- Net present value after tax of US$720m
- After tax Internal Rates of return of over 81%
- Study shows attractive returns achievable for renewable chemicals made from biomass
Leaf Resources recently commissioned ResourceInvest Pty Ltd to undertake a scoping study for a renewable chemical project based on experienced inputs and revenue from a “typical” renewable chemical.
The study showed that the returns for a project taking biomass through to a “typical” chemical are very attractive delivering a NPV for the project of over US$720m after tax.
To read the full announcement, please click here.