Finders ramps up copper cathode output at Wetar project

By Romel S. Gurky

ASX-listed Finders Resources Limited said Friday that over 300 tons of LME Grade A copper cathode has now been stripped from the recently commissioned 25,000 ton per annum (t.p.a.) copper cathode solvent extraction electrowinning (SX-EW) plant in Indonesia?s Maluku Province.

The company said in a statement that the rate of copper cathode stripping is continuing to increase as production levels from the SX-EW plant ramps up.

Concurrently, the existing 3,000 t.p.a. copper cathode SX-EW plant continued to perform at capacity during June bringing the combined site total to approximately 550 tons of copper cathode.

Managing Director Barry Cahill commented: ?Copper cathode production continues to increase at Wetar following commissioning of our new 25,000 t.p.a. SX-EW plant and further increases are expected in July as our project staff focus on ramping up production. We look forward to providing further progress updates in the coming weeks.?

Editing by Reiner Simanjuntak