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McLaren Titanium Project, WA

McLaren Minerals Limited (MML) | Pre-Feasibility Study | Released 19 Feb 2026

Mine life
15.9 years
Initial mine life, conceptual pit
Strip ratio
Not disclosed
Not disclosed
NPV
A$252.2m
Pre-tax, 8%, base case
Capex
A$179.3m
Pre-production, incl. contingency

Inferred share: Inferred ~40% of conceptual pit

Figures are as the company states them, in its currency and on its basis. "Not disclosed" means the release doesn't state the figure.

Planning inputs

Inferred ~40% of conceptual pit | Slope angles not disclosed | Contractor mining | Conceptual pit estimated by IHC Mining | Dry mining unit fed by dozers

Also in the release

Conceptual pit 185.7Mt @ 5.85%HM at an 11.8 Mtpa processing rate. LoM operating costs A$1,699m. Pre-tax IRR 26.0%, payback 3.7 years. No Ore Reserve declared.

Read the release on the company's siteAdded to the tracker; released before the first issue of The Study Sheet.

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