South Australia's Copper Strategy

For those that are interested, there is a new South Australian Copper Strategy published by the South Australian government.

The State government's Copper Strategy objective is: Achieve sustainable production of 1 million tonnes of copper each year by 2030.

The new Copper Strategy brochure is dated November 2021 but was only published late December 2021. See link below:

https://sarigbasis.pir.sa.gov.au/WebtopEw/ws/samref/sarig1/image/DDD/BROCH018.pdf

The State’s copper miners produced 305,000 tonnes of copper, worth a record $3.35 billion during 2021.

Note: when up and running, the Kalkaroo copper-gold is expected to contribute approximately 10% to South Australia's total copper production.  Average annual production in the Kalkaroo PFS (per Havilah ASX announcement dated 18 June 2019, page 1) states 30,000 tonnes of copper and 72,000 ounces of gold (as recovered metal) over a 13 year production period.


Cheers

These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.