Zinc * USD/lb
Generation Mining is developing the 100%-owned Marathon Palladium-Copper project in Northwestern Ontario. A 2023 updated Feasibility Study shows a $1.16 billion net present value (6%), a 25.8% internal rate of return, and a 2.3-year payback at a US$1800 palladium and US$3.70 copper price. Marathon is a large undeveloped palladium project in North America. Most palladium demand is for autocatalysts in cars, which scrub toxic emissions from exhaust and therefore make our air much cleaner, while copper is a key component in electric cars.