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Cyprium Metals Limited ( (AU:CYM) ) has issued an update.
Cyprium Metals Limited has received board approval for the restart of its cathode operations at the Nifty Copper Complex, targeting first production by mid-2026. The plan involves re-leaching existing heap leach pads and refurbishing the solvent extraction electrowinning plant to produce a minimum of 6,000 tonnes of copper cathode annually. This strategic move is expected to generate cash flow and facilitate future growth from open pit and regional ore sources.
More about Cyprium Metals Limited
Cyprium Metals Limited is a copper developer focused on the phased restart of the Nifty Copper Complex located in the Paterson region of Western Australia. The company is engaged in copper production and aims to leverage its existing infrastructure for efficient operations.
YTD Price Performance: 45.37%
Average Trading Volume: 1,220,013
Technical Sentiment Signal: Hold
Current Market Cap: A$174.7M
For detailed information about CYM stock, go to TipRanks’ Stock Analysis page.