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Terramin Australia Limited (ASX:TZN)

ALERT: Price-sensitive ASX Announcement for TZN
Current share price for TZN : $0.023 -0.008 (-25.81%)+
Announcement
Release
30 Mar 2026 8:40AM
Price at Release
$0.031
Full Release
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Summary
The Tala Hamza Zinc Project, managed by Terramin Australia Limited as part of the Oued Amizour Joint Venture, is a significant zinc-lead mining operation projected to produce 2.0 million tonnes per annum. The project is located in Algeria and involves utilizing an Underhand Drift and Fill mining method to extract mineral resources estimated at 53 million tonnes, with 5.3% zinc and 1.3% lead. It requires a pre-production capital of US$415.2 million and has an annual operating cost of US$127.5 million. The mineralization is noted for its epithermal/hydrothermal characteristics, with infrastructure plans including port and power facilities. The project is set to commence production in 2025, highlighting its substantial potential for resource expansion.
Key Points
  • Tala Hamza Zinc Project involves a 2.0 Mtpa mining and processing operation.
  • Terramin Australia Limited holds a 49% share in the Oued Amizour Joint Venture.
  • Estimated total mineral resources of 53 million tonnes with 5.3% zinc and 1.3% lead.
  • The project aims to utilize an Underhand Drift and Fill mining method.
  • Pre-production capital cost is estimated at US$415.2 million.
  • Operating costs average US$127.5 million annually.
  • The project includes infrastructure development like port facilities and power supply.
  • The mineralization at Tala Hamza is characterized by epithermal/hydrothermal replacement.
  • The project is targeting production from 2025 with significant mineral resource potential.
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.