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MAC Copper Cuts Debt Costs 30% While Advancing Growth Projects
5:23am on Monday 2nd of June, 2025 AEST
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Mining
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MAC Copper Cuts Debt Costs 30% While Advancing Growth Projects
5:23am on Monday 2nd of June, 2025 AEST
Key Points
Q1 2025 copper production of 8,644 tonnes at 4.1% grade
C1 cash costs rose 15% to US$1.91/lb due to lower production volumes
Debt refinancing reduces average weighted cost of debt by 30% to 6.85%
Liquidity boosted to US$153 million with US$14 million annual interest savings
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