True North Copper (AU:TNC) has released an update.
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True North Copper is steadily progressing towards becoming Australia’s next copper producer with its Cloncurry Copper Project, expecting to generate significant cash flow and commence sulphide processing in early 2025. The company has reported successful mining and stockpiling operations, as well as the commencement of ore irrigation, which will enhance copper production. In addition, True North Copper has secured strategic offtake and milling agreements with Glencore International AG and is actively expanding its workforce to support the upcoming production phase.
For further insights into AU:TNC stock, check out TipRanks’ Stock Analysis page.