Goschen Project, Vic
VHM Limited (VHM) | DFS refresh | Released 21 Sep 2026
Mine life
18 years
Initial mine life, 5 Mtpa
Strip ratio
Not disclosed
Shallow open pit
NPV
A$807 million
Pre-tax, pre-corporate, 8%
Capex
A$283 million
Execution capital; A$482M total funding
Inferred share: Not disclosed
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 share not disclosed | Slope angles not disclosed | Contract mining
Also in the release
About 93Mt of ore processed at 5 Mtpa, mined by truck and shovel above the water table, with tailings in in-pit cells. Unit operating cost US$21/kg REO, or US$7/kg net of the HMC credit.
Read the release on the company's siteSee it in The Study Sheet, October 2026
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