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Cyprium Metals Limited (ASX:CYM)

ALERT: Price-sensitive ASX Announcement for CYM
Current share price for CYM : $0.455 0.045 (10.98%)+
Announcement
Release
25 Jun 2026 9:35AM
Price at Release
$0.410
Full Release
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Summary
Cyprium Metals Limited is advancing its Phase 1 Copper Cathode Restart project at the Nifty Copper Complex in Western Australia. The project has seen significant progress across various work packages, including the completion of a new acid storage terminal and the resumption of sulphuric acid deliveries after 20 years. Efforts are ongoing in heap leach preparation, with testing of both surface leach and direct injection methodologies. Meanwhile, solvent extraction and electrowinning facilities are being readied for commissioning, supported by critical electrical and instrumentation work. The company is also developing growth plans to expand cathode production capacity and evaluate additional oxide resources. Further updates on these initiatives are anticipated in the coming quarter.
Key Points
  • Cyprium Metals Limited is focused on the phased restart of the Nifty Copper Complex in Western Australia.
  • The Phase 1 Copper Cathode Restart project involves various aspects including acid storage, ponds, heap leach, solvent extraction, and electrowinning.
  • Significant site activity with the completion and commissioning of a new acid storage and distribution terminal.
  • Sulphuric acid deliveries to Nifty have resumed after approximately 20 years.
  • Advancements in heap leach systems, including testing of surface leach and direct injection leach methodologies.
  • Infrastructure for ponds and solution systems are nearing commissioning.
  • Significant progress in solvent extraction and electrowinning plants, including structural repairs and preparations for commissioning.
  • Electrical and instrumentation work is critical, ensuring power and control systems are operational before commissioning.
  • Commencement of growth programs aimed at expanding the SXEW plant capacity and evaluating open pit oxide materials.
  • Expectations for further updates in the September quarter regarding growth initiatives.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.