International Copper Association Australia

OZ Minerals $1B Expansion

South Australian copper miner OZ Minerals plans to spend another billion dollars on expanding its Carrapateena underground mine.

The investment is designed to help the company more than double copper production from the still under construction mine from 2026.

The miner said it would progress its Carrapateena Block Cave Expansion to pre-feasibility and the Carrapateena Life of Province Plan to a scoping study.

Carrapateena is on track to produce its first copper from a sub-level cave in the fourth quarter of this year.

Take a look: https://m.youtube.com/watch?v=f8tYmjP7XLA#

 

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