Alara Resources reaches milestone with first copper concentrate shipment

Alara Resources Limited (ASX: $AUQ) has achieved a significant milestone as it announces the dispatch of the first consignment of copper concentrate from the Wash-hi Majaza mine, owned by its Omani joint venture company Al Hadeetha Resources LLC (AHRL), to China. The copper concentrate, weighing 1012 WMT, was transported in 42 containers from the concentrator plant at the mine to Sohar Port, with the final container arriving on 26 June 2024.

Executive Commentary on First Copper Concentrate Shipment

We are delighted to reach this important milestone of dispatching the first consignment of copper concentrate from our Wash-hi Majaza mine to China. This achievement reflects the dedication and hard work of our team and marks a significant step in our journey towards becoming a mid-tier minerals producer. We look forward to further progress and success in our operations and exploration activities in Oman.

Summary of Alara Resources' First Copper Concentrate Shipment

Alara Resources (ASX: $AUQ) has successfully dispatched the first consignment of copper concentrate from its Wash-hi Majaza mine in Oman to China, marking a major milestone for the company. The 1012 WMT copper concentrate, transported in 42 containers to Sohar Port, is set to be shipped to China under the off-take agreement between AHRL and Trafigura. This achievement aligns with Alara's mission to become a mid-tier minerals producer and deliver maximum shareholder value through profitable growth driven by low-cost, sustainable operations. The company continues its exploration activities at other Oman projects, emphasizing its commitment to ongoing development and expansion.