Metallica Minerals’ two billion dollar baby is set to help power clean energy revolution.
Metallica Minerals (ASX:MLM) Chief Executive Theo Psaros says the high purity silica sand from the company’s flagship Cape Flattery Silica (CFS) Project in North Queensland is well positioned to help power the global clean energy revolution.
Psaros said new research commissioned by the company by Brisbane based Arche Energy shows that the Project could produce the equivalent of 3.35 billion solar panels over the 25-year mine life at full production.
On an annual basis, CFS’s 1.35 mtpa production could produce more than 133 million 375W solar panels — based on 74 percent of a single panel consisting of SiO2 (silicon).
Those panels have the potential to generate more than 41,312 MWh of renewable energy over their 25-year operating life,…
Metallica looks to the future of clean energy at Cape Flattery Silica project
