Develop Global Achieves Milestone with First Copper Concentrate at Woodlawn

Develop Global Limited ( (AU:DVP) ) just unveiled an update.

Develop Global Limited has successfully produced its first copper concentrate at the Woodlawn Copper-Zinc Mine, achieving this milestone ahead of schedule and on budget. This development positions the company for significant cash flow growth in the upcoming June quarter, with the first shipment of copper concentrate scheduled for May 2025. The company has also made substantial progress in its mining operations, including the commissioning of major infrastructure and the commencement of underground stope production. The positive advancements at Woodlawn are expected to enhance Develop’s market position and financial performance, benefiting stakeholders through increased production capacity and cash generation.

More about Develop Global Limited

Develop Global Limited operates in the mining industry, focusing on the production of copper and zinc. The company is engaged in mining operations at the Woodlawn Copper-Zinc Mine in New South Wales, which is located in the Lachlan Fold Belt, a region known for its high-grade mineral resources.

YTD Price Performance: 4.09%

Average Trading Volume: 3,236

Technical Sentiment Signal: Hold

Current Market Cap: $471.8M

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