Ero Copper Mining successfully announces the completion of the Tucumã Project with the production of marketable copper concentrate by exceeding the concentrate grade targets established in the process design.
The first production of copper concentrate
In March 2024, the primary, secondary and tertiary crushers were completed and commissioned, along with the screening and conveying systems. In April, pre-mine stripping was completed and full operations commenced.
[post_relacionado]In mid-June, the first ore passed through the milling circuits as flotation, and the first batch of copper concentrate was produced. copper concentrate. Moreover, it marked the completion of the first 24-hour shift of continuous mill operations.
Finally, on July 18, the first production of marketable copper concentrate was achieved, exceeding process design grade expectations. The Company expects to achieve commercial production levels, defined as 80% of mill design capacity and 80% of design recovery rates, by the end of the third quarter of 2024.
“The production of our first marketable copper concentrate at the Tucumã Project and the successful completion of the first 24-hour shift of continuous milling operations are important milestones as we accelerate toward commercial production. We are moving rapidly toward a turning point for our consolidated copper production and cash flows. With copper prices performing favorably this year, the timing of Tucumã’s completion and ramp-up could not be more opportune.”
David Strang, CEO of Ero Copper.
Strang also indicated that he congratulated the entire team, from senior management to construction and commissioning personnel, as well as the contracting, engineering and supply chain partners, highlighting their excellent work in the construction of Tucumã.
The project was completed on time, without accidents or environmental incidents, and within the original budget. He also emphasized that Tucumã was designed, built and managed by Ero’s Brazilian Engineering, Procurement and Construction Management team, with approximately 85% of the capital expenditures made in Brazil, reflecting the technical strength and talent available in the country for project development and mining.
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Source: Ero Copper
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