Says targeting investment decision on Bagdad by year-end. Says commenced PFS study at Lone Star with expected completion by mid-2026. Says preparing EIS for El Abra, targeting submission by year-end. Says continuing to develop Kucing Liar, targets commencement of production by 2030. Says expects U.S unit net cash cost to be lower in 2025 vs. 2024. Says ‘well-postioned’ to generate ‘substantial’ cash flow. Says balance sheet is ‘strong’.
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