Battery Mineral Resources Announces Second Shipment of Copper Concentrates to Anglo-American for Smelting
Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) has announced its second shipment of copper concentrates to Anglo American Sur S.A. The company delivered 751.65 dry metric tonnes (DMT) of copper concentrates to Anglo's Chagres smelter in Chile, containing 24.22% copper, or approximately 410,348 pounds of copper in concentrate.
BMR's CEO, Martin Kostuik, stated that this shipment marks progress towards positive cash flow and the company's goal of becoming a mid-tier copper producer. The company's July production totaled 1,255 DMT of copper concentrate delivered for smelting. BMR aims to increase production to 1,400 DMT per month in the near term and up to 2,800 DMT per month by year-end.
The company initiated copper concentrate production on May 13th, 2024, after commissioning its upgraded Punitaqui mineral processing facility. Mining activities are focused on the Cinabrio and San Andres mines, with both providing increasing amounts of mill feed stockpiles.
Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) ha annunciato la sua seconda spedizione di concentri di rame verso Anglo American Sur S.A. L'azienda ha consegnato 751,65 tonnellate metriche secche (DMT) di concentri di rame all'impianto di fusione Chagres di Anglo in Cile, contenenti 24,22% di rame, ovvero circa 410.348 libbre di rame in concentrato.
Il CEO di BMR, Martin Kostuik, ha dichiarato che questa spedizione segna un progresso verso un flusso di cassa positivo e l'obiettivo dell'azienda di diventare un produttore di rame di medie dimensioni. La produzione di luglio ha totalizzato 1.255 DMT di concentrato di rame consegnato per la fusione. BMR mira ad aumentare la produzione a 1.400 DMT al mese nel breve termine e fino a 2.800 DMT al mese entro la fine dell'anno.
L'azienda ha avviato la produzione di concentrato di rame il 13 maggio 2024, dopo aver messo in funzione il suo aggiornato impianto di lavorazione mineraria di Punitaqui. Le attività minerarie sono concentrati sulle miniere di Cinabrio e San Andres, con entrambe che forniscono quantità crescenti di stoccaggi di materiale per il mulino.
Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) ha anunciado su segundo envío de concentrados de cobre a Anglo American Sur S.A. La compañía entregó 751,65 toneladas métricas secas (DMT) de concentrados de cobre a la fundición Chagres de Anglo en Chile, que contenían 24,22% de cobre, o aproximadamente 410.348 libras de cobre en concentrado.
El CEO de BMR, Martin Kostuik, manifestó que este envío marca un avance hacia un flujo de caja positivo y el objetivo de la compañía de convertirse en un productor de cobre de mediana escala. La producción de julio totalizó 1.255 DMT de concentrado de cobre entregado para fundición. BMR tiene como objetivo aumentar la producción a 1.400 DMT por mes a corto plazo y hasta 2.800 DMT por mes para fin de año.
La empresa inició la producción de concentrados de cobre el 13 de mayo de 2024, después de poner en marcha su mejorada planta de procesamiento mineral de Punitaqui. Las actividades mineras se enfocan en las minas de Cinabrio y San Andrés, con ambas proporcionando cantidades crecientes de reservas de alimentación para el molino.
Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF)는 Anglo American Sur S.A.에 두 번째 구리 농축물 선적을 발표했습니다. 이 회사는 칠레의 Anglo Chagres 제련소에 751.65건조 메트릭 톤(DMT)의 구리 농축물을 전달했으며, 이 농축물은 24.22%의 구리를 포함하고 있습니다. 이는 약 410,348 파운드의 구리 농축물에 해당합니다.
BMR의 CEO인 Martin Kostuik은 이 선적이 긍정적인 현금 흐름과 회사의 중견 구리 생산자로의 목표를 향한 진전을 의미한다고 밝혔습니다. 이 회사는 7월 생산량이 1,255 DMT의 구리 농축물로 제련을 위해 전달되었다고 밝혔습니다. BMR은 단기적으로 1,400 DMT 매달 생산량을 증가시키고, 연말까지 2,800 DMT 매달로 늘릴 계획입니다.
회사는 2024년 5월 13일에 업그레이드된 Punitaqui 광물 처리 시설을 가동하여 구리 농축물 생산을 시작했습니다. 채굴 활동은 Cinabrio와 San Andres 광산에 집중되어 있으며, 두 곳 모두 제 분쇄기를 위한 재고를 점점 더 많이 제공하고 있습니다.
Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) a annoncé son deuxième envoi de concentrés de cuivre à Anglo American Sur S.A. La société a livré 751,65 tonnes métriques sèches (DMT) de concentrés de cuivre à la fonderie Chagres d'Anglo au Chili, contenant 24,22% de cuivre, soit environ 410.348 livres de cuivre en concentré.
Le PDG de BMR, Martin Kostuik, a déclaré que cet envoi marque des progrès vers un flux de trésorerie positif et l'objectif de l'entreprise de devenir un producteur de cuivre de taille intermédiaire. La production de juillet a totalisé 1.255 DMT de concentré de cuivre livré pour la fusion. BMR vise à augmenter la production à 1.400 DMT par mois à court terme et à parvenir à 2.800 DMT par mois d'ici la fin de l'année.
L'entreprise a commencé la production de concentrés de cuivre le 13 mai 2024, après avoir mis en service son installation de traitement minéral améliorée à Punitaqui. Les activités minières se concentrent sur les mines de Cinabrio et San Andres, avec les deux fournissant des quantités croissantes de stocks de matière première pour le moulin.
Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) hat seine zweite Lieferung von Kupferkonzentrat an Anglo American Sur S.A. bekannt gegeben. Das Unternehmen lieferte 751,65 trockene metrische Tonnen (DMT) Kupferkonzentrat an das Schmelzwerk Chagres von Anglo in Chile, das 24,22% Kupfer enthält, was ungefähr 410.348 Pfund Kupfer im Konzentrat entspricht.
Der CEO von BMR, Martin Kostuik, erklärte, dass diese Lieferung einen Fortschritt in Richtung eines positiven Cashflows und das Ziel des Unternehmens, ein mittelgroßer Kupferproduzent zu werden, darstellt. Die Produktion im Juli belief sich auf 1.255 DMT Kupferkonzentrat, das zur Schmelze geliefert wurde. BMR beabsichtigt, die Produktion auf 1.400 DMT pro Monat kurzfristig zu steigern und bis Ende des Jahres auf 2.800 DMT pro Monat zu erhöhen.
Das Unternehmen nahm am 13. Mai 2024 die Produktion von Kupferkonzentrat auf, nachdem die verbesserte Aufbereitungsanlage in Punitaqui in Betrieb genommen worden war. Die Bergbauaktivitäten konzentrieren sich auf die Minen Cinabrio und San Andres, wobei beide zunehmende Mengen an Lagerbeständen zur Mühlenversorgung bereitstellen.
- Second shipment of copper concentrates delivered to Anglo American, containing 410,348 pounds of copper
- July production totaled 1,255 DMT of copper concentrate
- Company aims to increase production to 1,400 DMT per month in the near term
- Goal to reach 2,800 DMT of copper concentrate production per month by year-end
- Successful commissioning of upgraded Punitaqui mineral processing facility
- None.
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2024) - Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) ("Battery" or "BMR" or the "Company") is pleased to announce a second shipment of copper concentrates related to the Offtake Agreement (or the "Agreement") with Anglo American Sur. S.A. ("Anglo" or "Anglo American") a division of Anglo-American PLC.
The Company has supplied 751.65 dry metric tonnes ("DMT") of copper concentrates to Anglo's Chagres smelter in Catemu, Chile. The copper concentrates were produced from copper smelting by-products (slags) supplied to BMR by Anglo. The copper concentrates were produced at BMR's Punitaqui copper flotation plant and contained 24.22 percent copper, for approximately 410,348 pounds of copper in concentrate.
Martin Kostuik, Chief Executive Officer, stated, "This second copper concentrate shipment marks another significant stride towards positive cash flow, in line with Battery's goal of building a mid-tier copper producer. In the near term, copper sales are projected to include material sourced from Punitaqui mine operations as well as from additional third parties. As we endeavor to generate consistent cash flow from copper sales, BMR is in a favourable position to provide shareholders accretive exposure to a very healthy copper marketplace, now and in the years to come."
The results for the month of July total 1,255 DMT of copper concentrate delivered for smelting. The Company is on track to increase production results with a goal of delivering approximately 1,400 DMT of copper concentrates per month in the near term and reaching up to 2,800 DMT of copper concentrate production per month by year-end.
The Company initiated copper concentrate production on May 13th, 2024 after the successful commissioning of the recently refurbished and upgraded mineral processing facility at Punitaqui. Mining activities are focussed on establishing access to the mineralized zones in both Cinabrio and San Andres. Activities continue to ramp up with both mines providing increasing amounts of stockpiles containing fresh mill feed. Cinabrio is the original mine that supplied mill feed for the first 10 years of prior operations, primarily operated by Glencore PLC.
About Battery Mineral Resources Corp.
Battery Mineral Resources' mission is to build a mid-tier copper producer and has recently initiated mine and mill operations at the Punitaqui Mining Complex, a historic copper-gold-silver producer, in the Coquimbo region of Chile. Battery Mineral Resources is unique because it leverages the inherent value from its
For more information about Battery Minerals, please visit our website at https://bmrcorp.com/, or email us at info@bmrcorp.com.
Martin Kostuik, CEO
Twitter: @BMRcorp_
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Forward-Looking Statements
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections of the Company on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability of the Company to obtain sufficient financing to complete exploration and development activities, risks related to share price and market conditions, the inherent risks involved in the mining, exploration and development of mineral properties, the ability of the Company to meet its anticipated development schedule, government regulation and fluctuating metal prices. Accordingly, readers should not place undue reliance on forward-looking statements. Battery undertakes no obligation to update publicly or otherwise revise any forward-looking statements contained herein, whether as a result of new information or future events or otherwise, except as may be required by law.
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FAQ
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