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Cyprium Metals Nears Copper Production Milestone at Nifty

Cyprium Metals Limited (ASX: CYM) reported strong progress during the June 2026 quarter as it moved closer to restarting copper cathode production at its Nifty Copper Complex in Western Australia. The Phase 1 restart project is approaching practical completion, with key infrastructure, acid storage facilities and leach solution systems largely finished. Commissioning activities are now underway, while first copper cathode production remains targeted for the September 2026 quarter. The company also advanced studies to expand production capacity through additional oxide mining and SXEW plant upgrades. Exploration delivered encouraging copper mineralisation from the Nifty waste dump, highlighting another potential low-cost feed source. To strengthen future growth, Cyprium appointed senior executives in development and technology roles. Financially, the company ended the quarter with AU$68.5 million in cash, providing a solid funding position to advance project delivery, exploration and expansion initiatives. Overall, the quarter reflected meaningful operational progress and reinforced Cyprium's strategy of becoming a significant Australian copper producer.

 

 

 

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