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MAC Copper Hits Record 11,320 Tonnes at Lowest Cash Cost Yet
8:17am on Wednesday 29th of January, 2025 AEDT
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Mining
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MAC Copper Hits Record 11,320 Tonnes at Lowest Cash Cost Yet
8:17am on Wednesday 29th of January, 2025 AEDT
Key Points
Record quarterly copper production of 11,320 tonnes at 4.1% grade
12% quarter-on-quarter reduction in C1 cash cost to US$1.66/lb
2024 production of 41,128 tonnes exceeds guidance midpoint
Strong liquidity with US$172M cash and early mezzanine debt repayment option
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