Surge releases pre-feasibility study for Nevada North lithium project
The study estimates US$9.81 billion in after-tax net present value; this is a modeled project case, not an operating result.
Event / data period: 2026-10-02
Published: · Updated:
Surge Battery Metals announced results on October 2 from a pre-feasibility study for the Nevada North lithium project in Elko County, Nevada. The joint venture is owned 67.5% by Surge and 32.5% by Evolution Mining; the study assumes an open-pit mine and on-site lithium carbonate processing.
The study estimates after-tax net present value of US$9.81 billion at an 8% discount rate and average output of about 92,250 tonnes per year over a 42-year mine life. These are project estimates based on study assumptions; the company has not announced a final investment or construction decision.
Data
After-tax net present value in Nevada North study case
Project estimate in the company’s pre-feasibility study using an 8% discount rate.
- Nevada North study-case net present value
- 9.81 billion US dollars
- 2026-10-02 · Estimate
Methodology
This study output is not realized revenue. The model depends on economic assumptions and still requires investment and construction decisions.
Updated:
Subjects and places
Subject proposals
- Business enterpriseSuggested
- Preserved editorial category/topic; broad candidate onlysurgebatterymetals.com ↗
- Metal and mineral mining and refiningSuggested
- Subject suggested from the title or summary: lithium projectsurgebatterymetals.com ↗
Geographic references
Only source-provided geographic references are shown. Opening an external map is optional. Optional story maps use OpenStreetMap. Opening a map sends your IP address and this site’s address to the map provider; location data remains readable as text without loading the map.
- United States · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredsurgebatterymetals.com ↗