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South32 Provides Hermosa Project Update

17 Jan 2022  |  08:59:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Hermosa Project Update

South32 provided an update following the completion of a pre-feasibility study (PFS) for the Taylor Deposit, which is the first development option at its 100% owned Hermosa project located in Arizona, USA. The PFS results support Taylor's potential to be the first development of a multi-decade operation, establishing Hermosa as a globally significant producer of metals critical to a low carbon future, delivering attractive returns over multiple stages. An initial development case demonstrates a sustainable, highly productive zinc-lead-silver underground mine and conventional process plant, in the first quartile of the industry cost curve.

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