Company News Summary
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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