6th Jan 2022 13:54
Atalaya Mining PLC - Cyprus-based copper and silver mining and development company - Approves the construction of the first phase of a copper and zinc metal production plant. The company says the concentrates will be sourced from the Proyecto Riotinto district. Phase one plant capacity has been designed to produce between 3,000 to 10,000 tonnes of copper or zinc metal per year, the company explained. The estimated capital expenditure for phase one is EUR12 million. Atalaya added that the plant will use a E-LIX system, a new electrochemical extraction process developed and owned by Lain Technologies Ltd with Atalaya's financial support.
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Year-to-date change: up 4.3%
By Heather Rydings; [email protected]
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