Why Hydrometallurgy
High purity, in fewer steps
NSMT's hydrometallurgical process delivers high-purity intermediate products in fewer steps than conventional routes — the structural advantage behind the platform's economics.
01
Fewer Purification Stages
Fewer steps between ore and market-ready product.
02
Lower Cost
A streamlined flowsheet reduces cost per unit of output.
03
Higher Quality
Consistent, high-purity intermediates from the outset.
04
Easier Transition to High-Margin Products
A direct path into advanced chemicals and materials.
Flagship project unit economics
Stage 1 — Tungsten Heap Leaching
US$4.30 / kg W
Capital intensity
US$19.09 / kg W
Average cash operating cost
Preliminary economics per current technical-economic assessment; tungsten pricing per Argus market reporting.
Scalable platform
Each new processing stage increases value, diversification and resilience
Stage 1
Tungsten Heap Leaching
14 yrs
Stage life
Stage 2
Molybdenite Flotation and Roasting
47 yrs
Stage life
Stage 2A
Scheelite / Skarn Flotation and Tank Leaching
19 yrs
Stage life
↑
Added Value
↑
Diversification
↑
Business Resilience
↑
Potential Returns