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Terramin Australia Limited (ASX:TZN)

ALERT: Price-sensitive ASX Announcement for TZN
Current share price for TZN : $0.023 -0.007 (-23.33%)+
Announcement
Release
24 Mar 2026 8:23AM
Price at Release
$0.030
Full Release
download
Summary
Terramin Australia Limited has commenced site preparation activities at its Tala Hamza Zinc Project in Algeria. This follows the resolution of land access constraints that had previously delayed the project. The project is strategically important, with visits from senior Algerian Government officials, including the Prime Minister, underscoring its significance. Initial on-ground activities include site access and clearing, establishment of operational areas, and early-stage ground preparation, marking a transition towards development readiness. The project, one of the largest undeveloped zinc and lead deposits globally, is expected to support operations for approximately 20 years.
Key Points
  • Site preparation activities commenced at Tala Hamza Zinc Project in Algeria.
  • Resolution of land access constraints previously hindered progress.
  • Project has significant support from senior Algerian Government officials.
  • Initial activities include site access, clearing, and ground preparation.
  • Tala Hamza is one of the largest undeveloped zinc and lead deposits globally.
  • Project expected to support operations for approximately 20 years.
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.