First copper plated at Finders Resources’ Wetar expansion project

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Wetar staff with the first copper plated from the 25,000 t.p.a. SX-WE plant Image credit: Flinders Resources ASX release

Emerging low cost copper cathode producer Finders Resources announced that first copper has been plated at the recently commissioned 25,000 tonne per annum copper cathode solvent extraction electrowinning (SX-EW) plant.

Wetar staff with the first copper plated from the 25,000 t.p.a. SX-WE plant Image credit: Flinders Resources ASX release
Wetar staff with the first copper plated from the 25,000 t.p.a. SX-WE plant
Image credit: Flinders Resources ASX release

According to the company’s ASX announcement, commissioning of the expansion project continues with staff now focusing on ramping up production and adding to copper cathode output from the already operating 3,000 t.p.a SX-EW plant.

Managing Director Barry Cahill said the commissioning of the 25,000 t.p.a. SX-EW facility will lift annual production capacity to 28,000 t.p.a.

“In what has been a very tight construction schedule, it is very pleasing to be able to announce the plating of first copper at the 25,000 t.p.a. SX-EW plant,” Mr Cahill added.

“It has been a testing period and is a credit to the efforts of all those involved. I would particularly like to thank the project team comprising many staff, consultants and contractors for their efforts in achieving this significant milestone at the Wetar Copper Project.”

Finders is the operator of the Wetar Copper Project, in which it holds 72% interest. The project comprises the development, open pit mining and processing of the high-grade sulphide deposits at Kali Kuning and Lerokis located within 3 kilometres off the coast of Wetar Island in Indonesia.