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Cyprium Metals Secures $13.5M and Confirms $1.12B Nifty Copper Project Value
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Cyprium Metals Secures $13.5M and Confirms $1.12B Nifty Copper Project Value
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Completed Tranche 1 of $13.5 million placement, Tranche 2 pending shareholder approval
Nifty Copper Complex PFS shows pre-tax NPV8 of A$1.12 billion and 28.9% IRR
20-year project life with average annual copper production of 37.3ktpa over first decade
Sale of surplus generators for US$6.05 million to support working capital
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Cyprium Metals (ASX:CYM)
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