Autonomous Trucks
/lb, a chromium price of /lb and an iron price of per tonne (based on U.S. benchmark iron scrap price). The concentrator will produce three product streams: high grade nickel concentrate (35% nickel), standard nickel concentrate (12% nickel) and a magnetite concentrate that contains approximately 48% iron and 3% chromium. SensitivitiesDelta NPV8% ($ millions)Delta IRR (%)Delta Net C1 Cash Cost ($/lb) Sensitivity- +- +- + Nickel Price ±$1/lb($6.75/lb - $8.75/lb)(445) 435(2.8) 2.6n.a. The Mineral Resource Estimate was prepared following the CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines (November 29, 2019). Net AISC (all in sustaining costs) are C1 cash costs plus royalties plus sustaining capital per pound of payable nickel.