OZL 0.00% $26.44 oz minerals limited

new announcement, page-2

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    First rail shipment of Prominent Hill
    concentrates to Darwin

    OZ Minerals has achieved an important milestone in the establishment of its Prominent Hill coppergold
    mine in South Australia, with the first rail delivery of concentrate to the Port of Darwin. The
    shipment was dispatched from the Wirrida rail siding, which is located approximately 115 kilometres
    west of Prominent Hill. The Company expects to deliver approximately 600 tonnes of concentrate
    per day, six days per week to the port.

    From the Port of Darwin Prominent Hill copper concentrates will be shipped to smelters across Asia.
    The first shipment from Darwin is expected to be made in late April. Concentrates also continue to
    be delivered via road to local customers.
    “Since first production in late February, the ramp up of the processing plant has progressed very
    well, the operation has now reached a production rate of around 80% and, as planned, is expected
    to reach its nameplate rate by the end of the year,” said OZ Minerals Managing Director and CEO
    Andrew Michelmore.

    Prominent Hill concentrates are characterised by their high copper grades and low arsenic
    content. The grade of Prominent Hill concentrates has consistently been more than 50% copper
    with all other elements well within normal contract specifications.
 
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