VANCOUVER, BC, Aug. 1, 2024 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) announced today an update to the initial capital, sustaining, and operating cost estimates for the Company's 100%-owned Rook I Project (or "the Project"). The estimated pre-production capital costs ("CapEx") are Canadian Dollar ("C$") C$2.2 billion / US Dollar ("USD") $1.58BN, with an average cash operating cost ("OpEx") over the life of mine ("LOM") estimated at an industry leading C$13.86/lb (USD$9.98/lb) U3O8. Sustaining capital costs ("SusEx") were also updated and are estimated at C$785 million (average of ~C$70 million per year), inclusive of closure costs of approximately C$70 million. The change in costs reflects both inflationary changes as well as the significant advancement of engineering and procurement, optimized constructability, and enhanced environmental performance.
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