InvestSMART

Larvotto Resources Limited (ASX:LRV)

ALERT: Price-sensitive ASX Announcement for LRV
Current share price for LRV : $1.305 0.265 (25.48%)+
Announcement
Release
21 Jul 2026 8:45AM
Price at Release
$1.040
Full Release
download
Summary
Larvotto Resources Limited has commenced the staged commissioning of the Minerals Processing Facility at the Hillgrove Mine, a major step towards becoming Australia’s largest antimony producer. The facility includes advanced ore processing capabilities, using ore mined from the Metz underground mine, with a forecast production of 4,900 tonnes of antimony and over 40,000 ounces of gold annually. The company is making progress in the NSW approval process for its Modification 5, aiming to double processing capacity and adopt environmentally friendly practices such as dry-stack tailings. The Hillgrove project is strategically significant for supplying critical minerals, with Larvotto actively engaging with state and federal governments to facilitate the process.
Key Points
  • Staged commissioning of the Minerals Processing Facility at Hillgrove Mine has commenced.
  • The facility includes primary, secondary, closed-circuit screening and fine ore storage.
  • Larvotto Resources Limited is set to become Australia’s largest antimony producer.
  • The ore mined from the Metz underground mine is being used for commissioning.
  • Managing Director, Ron Heeks, stated the commissioning is a significant milestone.
  • Hillgrove Mine is expected to produce ~4,900 tonnes of antimony and more than 40,000 ounces of gold annually.
  • The Hillgrove operation reinforces strategic importance in western critical minerals supply chains.
  • Modification 5 proposal includes environmental initiatives like dry-stack tailings.
  • Larvotto continues discussions with NSW State and Federal Governments for approval processes.
  • Successful approvals of Modification 6 and 7 show Larvotto's permitting progress.
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.