Freehill Mining Ltd. has secured a purchase order from Cementos Melón, one of Chile’s largest cement companies. The order has a gross sales value of approximately A$282,0001. It involves supplying material to Melón’s Coquimbo cement plant from Freehill’s 100%-owned Yerbas Buenas project in Chile. The material will be delivered over a two-month period, likely starting in mid-March 2024. While the specific volume and price per cubic meter remain confidential due to ongoing negotiations, this order represents the largest single purchase order secured since operations began at Yerbas Buenas under the new contractor in August 2023.
Additionally, Freehill’s local subsidiary is in talks with Melón for a longer-term supply contract to deliver larger volumes over multiple months. This partnership reflects growing confidence in Freehill’s operation, and the company anticipates more purchase orders in the future.
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