Cyprium Metals Greenlights Major Restart Initiative: Nifty Cathode Output Targeted for Mid-2026

Cyprium Metals Limited has received board authorization to move forward with its comprehensive restart strategy for the Nifty Copper Complex, positioning the operation for commercial copper cathode production by mid-2026. This marks a significant milestone in the company's phased development plan for the Western Australian asset located in the Paterson region.

Production Roadmap and Technical Framework

The approved restart plan centers on a two-pronged approach to maximize copper recovery and output. First, the company will undertake re-leaching operations on existing heap leach pads utilizing surface leach methodology, a process designed to extract substantial quantities of copper that remain in the materials. Simultaneously, the solvent extraction electrowinning (SXEW) plant will undergo comprehensive refurbishment to achieve a baseline production capacity of 6,000 tonnes per annum.

Current Progress and Next Steps

Early-stage works and procurement of extended-lead equipment have already secured board approval, with on-site activities now advancing at an accelerated pace. These groundwork activities are setting the stage for the transition into initial leaching operations and the planned SXEW facility upgrade. The company has structured its execution timeline to ensure all critical components align with the mid-2026 cathode production target.

Medium-Term Growth Potential

Beyond the initial production phase, Cyprium anticipates that the restarted SXEW operations will create pathways for expanded production volumes and extended operational longevity. This expansion potential will be fueled as oxide material becomes accessible from the Nifty open pit operations and supplementary regional copper deposits, allowing the facility to scale production in subsequent phases.

The restart initiative represents a pivotal step in Cyprium's strategy to unlock the value of the Nifty Copper Complex while establishing a foundation for long-term operational growth in the Australian copper sector.