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KGL’s Jervois funding clears the runway for a 2028 copper target
11:27am on Wednesday 30th of September, 2026 AEST
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Mining
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KGL’s Jervois funding clears the runway for a 2028 copper target
11:27am on Wednesday 30th of September, 2026 AEST
Key Points
Approximately A$689 million funding package assembled without conventional project debt
Jervois BEM reports A$839 million post-tax NPV and 31% post-tax IRR
First copper concentrate targeted for H1 2028, subject to FID and construction
A$20 million exploration program aims to extend the initial 10-year mine plan
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KGL Resources (ASX:KGL)
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