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Halo Minerals eyes $50M annual cash flow from Chilean copper project
Episode 14259
Published 3 days, 5 hours ago
Description
Halo Minerals PLC (AIM:HALO) CEO Andrew Dennan and director David Minchin joined Proactive's Stephen Gunnion to discuss the company's Playa Verde copper tailings project in Chile, a technically de-risked asset with feasibility studies and environmental approvals already in place.
The project targets processing around 5 million tonnes of ore per year to produce approximately 8,600 tonnes of payable copper, with expected free cash flow of around $50 million annually. Having raised £4 million at its recent AIM listing, Halo is now focused on optimisation work ahead of a final investment decision, while the project's ESG credentials - rehabilitating a contaminated coastal site - add a further dimension to the story.
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