COPPER CATHODE PRICE UPDATE
COPPER CATHODE PRICE SOFTWARE

Copper cathodes are utilized as a feedstock for the manufacturing of high-purity copper and copper alloys, which is likely to play an important role in propelling the global copper cathode market forward. The global copper cathode market is being driven by strict criteria for cast rod, the existence of high-grade cathode standards, and advancements in refining technology.

The electrical conductivity of pure copper is outstanding. We look forward to being able to report on the progress of all these activities over the course of the next six months.It is the principal raw material used to make copper rod, which is used in a wide range of industries. 'The second half of the year will also see some limited site-based work in support of further improving capital and operating costs and to support updated submissions to various government departments. He added: 'The remainder of 2023 will be a very busy time for the team as we push a long way down the financing path for the development of our first mine at BKM. In a statement, Darryn McClelland, chief executive officer of Asiamet Resources commented: 'The company is open to any and all means of unlocking the value of its portfolio of assets which we believe is evident in the appointment of both advisory firms.' Asiamet aims to secure a debt and equity finance package for the BKM Copper project and pursue project optimization opportunities throughout the remainder of 2023. The company has been engaging with potential lead banks for the BKM project debt finance and site visits to the project site by bank and ITE representatives are scheduled for mid-July.ĭiscussions have also commenced with groups interested in securing copper cathode offtake from the BKM project.

As part of this process, Asiamet has appointed Grant Samuel Corporate Finance as its corporate advisor for the BKM copper project finance, covering debt-equity and potential mergers and acquisitions.Īdditionally, the company has engaged China Zenith Capital Limited to assist in securing options for China-sourced financing, given the strong Chinese interest in the Indonesian mining and processing industry. To support the financing due diligence process, site visits are planned for the Independent Technical Expert (ITE) and a potential lead finance bank in July 2023. The company is continuing technical work to further improve capital and operating costs and incorporate positive outcomes into the project financing process.

COPPER CATHODE PRICE UPDATE

The results of the BKM Copper Pre-Feasibility Study update were released on, revealing key metrics such as a projected Life of Mine Revenue of US$1.4bn and an Internal Rate of Return (IRR) of 21%. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.Īsiamet Resources Ltd (AIM:ARS, OTC:KMGLF) has announced the appointment of corporate advisors as it focuses on moving forward with its BKM Copper project in Indonesia for the remainder of this year.

COPPER CATHODE PRICE SOFTWARE

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Copper cathode price