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How AIC Mines Plans to Double Copper Output with $77.6M Plant Expansion
9:05pm on Friday 29th of August, 2025 AEST
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Mining
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How AIC Mines Plans to Double Copper Output with $77.6M Plant Expansion
9:05pm on Friday 29th of August, 2025 AEST
Key Points
FY25 revenue rises to $189.6 million, net profit after tax doubles to $15 million
Eloise copper mine meets production and cost targets with 12,863 tonnes produced
Awarded $77.6 million EPC contract for Eloise processing plant expansion
Secured US$40 million prepayment facility and $55 million equity placement for growth projects
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