Aurelia Metals Limited ( (AU:AMI) ) has provided an update.
Aurelia Metals Limited has announced the approval of the Peak Tailings and Process Water Management Upgrade Project, part of its Cobar Basin Optimisation strategy. This project, with a capital investment of $9.6 million, aims to improve the dewatering process and enhance the recovery of copper and zinc by 2.5%, while reducing cyanide consumption. The initiative is expected to significantly boost the company’s operational efficiency and align with its growth ambitions, potentially increasing the processing capacity to 1.1 – 1.2 million tonnes per annum.
More about Aurelia Metals Limited
Aurelia Metals Limited operates in the mining industry, focusing on the extraction and processing of metals such as copper and zinc. The company is committed to optimizing its operations in the Cobar Basin region, aiming to enhance its processing capabilities and overall value.
YTD Price Performance: 31.00%
Average Trading Volume: 21,151
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $220.3M
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