Cadence Minerals CEO Kiran Morzaria report from Azteca as Hot Commissioning gets Underway.
✅ Hot commissioning underway: initial operation targeted at 25%–50% of plant capacity.
✅ Commercial production target approx 380,000 tonnes pa of c65% Fe concentrate, subject to successful commissioning, licensing and ramp-up.
✅ All restart and refurbishment capital advanced, with initial operating working capital available on receipt of Operating Licence.
✅ Repairs to Pedra Branca do Amapari bridge underway. Completion targeted before first shipment.
✅ Operating Licence submissions progressing
✅ Fundraise and next steps
