NI 43-101 Preliminary Economic Assessment - Verde Potash
NI 43-101 Preliminary Economic Assessment - Verde Potash
NI 43-101 Preliminary Economic Assessment - Verde Potash
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<strong>Verde</strong> <strong>Potash</strong> Plc 17-3<br />
Cerrado <strong>Verde</strong> Project<br />
<strong>NI</strong> <strong>43</strong>-<strong>101</strong> <strong>Preliminary</strong> <strong>Economic</strong> <strong>Assessment</strong><br />
Table 17.2.1: Summary of Operational Costs, 1.1Mtpa Using Petroleum Coke<br />
ITEM<br />
TOTAL/ YEAR<br />
US$(000)<br />
% US$/t pellets<br />
ELECTRIC POWER 8,317 20.3% $7.48<br />
PETCOKE 12,197 29.7% $10.97<br />
LIMESTONE 2,525 6.1% $2.27<br />
WEAR MATERIAL 88 0.2% $0.08<br />
PARTS / MAINTENANCE MATERIAL 1,996 4.9% $1.80<br />
TOTAL COSTS VARIABLES (USD) 25,123 61.2% $22.59<br />
OWN WORK FORCE (USD) 9,823 23.9% $8.83<br />
MINE (USD) 6,120 14.9% $5.50<br />
TOTAL OPERATIONAL COSTS (USD) 41,066 100% $36.93<br />
TOTAL OPERATIONAL COSTS (R$) R$ 73,919 100% R$ 66.48<br />
Table 17.2.2: Summary of Operational Costs, 2.2Mtpa using Petroleum Coke<br />
ITEM<br />
TOTAL/ YEAR<br />
US$(000)<br />
% US$/t pellets<br />
ELECTRIC POWER $16,094 22.6% $7.24<br />
PETCOKE $24,378 34.2% $10.97<br />
LIMESTONE $7,575 10.6% $3.41<br />
WEAR MATERIAL $166 0.2% $0.07<br />
PARTS / MAINTENANCE MATERIAL $3,365 4.7% $1.51<br />
TOTAL COSTS VARIABLES (USD) $51,577 72.3% $23.20<br />
OWN WORK FORCE (USD) $11,766 16.5% $5.29<br />
MINE (USD) $7,988 11.2% $3.59<br />
TOTAL OPERATIONAL COSTS (USD) $71,331 100% $32.09<br />
TOTAL OPERATIONAL COSTS (R$) R$ 128,396 100% R$ 57.75<br />
SRK Consulting (U.S.), Inc. September 16, 2011<br />
Cerrado <strong>Verde</strong>_<strong>NI</strong> <strong>43</strong>-<strong>101</strong> PEA_3<strong>43</strong>500.020_007_KG