Feb 15 (Reuters) - South32 Ltd (S32) :
- FINAL INVESTMENT APPROVAL TO DEVELOP HERMOSA TAYLOR DEPOSIT
- IS PLEASED TO ANNOUNCE FINAL INVESTMENT APPROVAL FOR TAYLOR DEPOSIT, FIRST DEVELOPMENT AT OUR HERMOSA PROJECT IN ARIZONA
- APPROVED DEVELOPMENT OF TAYLOR, FOR DIRECT AND INDIRECT CAPITAL EXPENDITURE OF US$2,160M
- TAYLOR IS EXPECTED TO REACH FIRST PRODUCTION IN H2 FY27 AND DELIVER NAMEPLATE PRODUCTION IN FY30
- ONCE IN PRODUCTION, TAYLOR IS EXPECTED TO ADD AN ADDITIONAL 8% TO GROUP VOLUMES RELATIVE TO FY23 LEVELS
- WE EXPECT HIGHER INCENTIVE PRICES FOR ZINC AS TAYLOR RAMPS UP TO NAMEPLATE CAPACITY
- GROWTH CAPITAL EXPENDITURE FOR DEVELOPMENT ACTIVITY AT TAYLOR IS EXPECTED TO BE ABOUT US$190M IN H2 FY24
- DEVELOPMENT OF TAYLOR IS EXPECTED TO BE FUNDED PRIMARILY FROM GROUP OPERATING CASH FLOWS
News: S32 South32 Announces Final Investment Approval To Develop Hermosa Taylor Deposit
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Last
$2.59 |
Change
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Mkt cap ! $11.66B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.63 | $2.56 | $50.64M | 19.48M |
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| Price($) | Vol. | No. |
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