Alara Resources Limited (AU:AUQ) has released an update.
Alara Resources Limited reports successful commissioning of its 1 Mtpa copper-concentrator plant in Oman, through its joint venture company Al Hadeetha Resources LLC, despite a delay in the sale of first copper concentrate due to issues with the tailing filter press. The company is addressing the technical challenge and will announce a new timeline for the expected first sale. Alara, aiming to become a mid-tier minerals producer, has a 51% stake in the project, which marks a significant step in its Oman operations.
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