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OZ Minerals Provides 2022 First Quarter Report

22 Apr 2022  |  08:46:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: OZ Minerals 2022 First Quarter Report

OZ Minerals provided 2022 first quarter report. Cash position of $210m maintained after reinvesting $176m in growth projects. The Company's capital allocation process is centred on achieving long term value growth across all key stakeholders, underpinned by operating cashflow delivery and maintaining appropriate liquidity levels to support the expected timing of investments that underpin the Company's growth pipeline. At the end of the quarter, 33,500t of copper were provisionally priced at US$10,350/t.

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