Brief: KGHM To Invest In Fourth Grinding Line At Sierra Gorda Mine With South32

South32

01/07/2026 08:12

July 1 (Reuters) - KGHM Polska Miedz SA KGH.WA:
TO INVEST IN FOURTH GRINDING LINE AT SIERRA GORDA MINE WITH SOUTH32
PROJECT TO INCREASE TOTAL SIERRA GORDA PROCESSING CAPACITY FROM ABOUT 48 MILLION TO ABOUT 60 MILLION TONS OF ORE PER YEAR
TOTAL CAPEX ESTIMATED AT ABOUT $725 MILLION
EXPANSION TO INCREASE TOTAL SIERRA GORDA AVERAGE ANNUAL COPPER PRODUCTION BY ABOUT 20%
EXPECTS PROJECT TO REACH FULL CAPACITY IN SECOND HALF OF 2030
SIERRA GORDA OPERATES AS A JOINT VENTURE WITH KGHM HOLDING A 55% STAKE AND SOUTH32 HOLDING 45%
Source: https://tinyurl.com/vcfukv6t
Further company coverage: KGH.WA

 (Reporting by Gdansk Newsroom)
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