Case Study: Project Thakadu
“Practara stuck with us from concept right through various funding rounds. We couldn’t have asked for better partners!”
Overview:
Thakadu Battery Materials is developing a project to beneficiate the impure nickel stream from Lonmin’s base metals refinery to produce pure “battery-grade” nickel sulphate for the global lithium-ion battery market. The plant will be the first commercial-scale battery-grade nickel sulphate operation in South Africa. Practara was commissioned to develop the DFS techno-financial model for the project, assist with consolidating OpEx and CapEx and provide continuous support with investor interactions during the due diligence.
Scope of Work:
Practara delivered the following outcomes successfully:
Developed a dynamic ‘executive friendly’ techno-financial model.
Assessed the WACC of the client to derive an appropriate discount rate.
Performed a deterministic sensitivity and scenario analysis of the key controllable and uncontrollable factors affecting the profitability of the Project.
Delivered an investor’s note presentation to facilitate discussions with key stakeholders.
Provided continuous support during the due diligence phase.
Key Services:
Case Study: Project Thakadu
Date: 29th Nov 2017
Skills: Cost Estimation & Optimisation, Techno-Economic Modelling, Valuation
Client: Thakadu Resources
Project: Pure Nickel Sulphate Beneficiation Plant
Location: North West, South Africa
