Connect with us

Hi, what are you looking for?


First Copper Sulphate Shipment Completed

Tartana Minerals Limited (ASX: TAT) (the Company), is pleased to announce that it has completed the first shipment of Copper Sulphate Pentahydrate (Copper Sulphate) from Tartana’s newly recommissioned Copper Sulphate plant.


First Copper Sulphate shipment completed from Tartana to offtake partner KaninsPayment received and start of ongoing cashflow for TartanaFurther shipments are targeted to commence on a more regular basis as production ramps upCopper drilling announced last week is ongoing, with target completion next week with aim to provide bulk samples for mineralogical testwork

Tartana Minerals Managing Director, Stephen Bartrop, commented:

“Our first shipment of Copper Sulphate with our 100% offtake partner, Kanins International, is a significant step towards recommencing commercial steady-state production and reflects a coalescence of over two years of work in recommissioning this plant. We now look towards moving into a more regular rhythm of shipments being completed.

“Recent Copper price improvements directly increase the profitability of this project as Copper Sulphate is priced by reference to its Copper weight plus a premium.”

As agreed with the Company’s 100% offtake partner, Kanins International, the Company has been paid for the product immediately upon the product leaving mine site. Cash receipts from Kanins will be reflected in the Company’s quarterly cash flow reporting on and from this Q4 FY24.

Drilling Ongoing

Last week, Tartana announced that it would commence a diamond drill hole for metallurgical sampling, targeting PQ sizing. Tartana is pleased to advise that drilling commenced successfully last week and is expected to be completed next week.

Click here for the full ASX Release

This post appeared first on

You May Also Like

Editor's Pick

Real gross domestic product rose at a revised 3.2 percent annualized rate in the third quarter versus a 0.6 percent rate of decline in...

Editor's Pick

For years the North Korean playbook was obvious to the world. The Democratic People’s Republic of Korea wanted to be the center of attention....

Editor's Pick

After the final lecture of my Fall 2022 International Economic Policy course (an undergraduate offering meant to introduce non-economics majors to the economics of...

Editor's Pick

In Risky Business: Why Insurance Markets Fail and What to Do About It (Yale University Press, 2023), economists Liran Einav (Stanford), Amy Finkelstein (MIT),...

Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024