Investor Presentaiton
SIERRA GORDA COPPER
The acquisition of Sierra Gorda has lifted Group margins and embedded options for further copper growth
Sierra Gorda location
Catabela
open pit
Pampa Lina
target area
Processing plant
Notes:
a. 100% basis.
b.
Refer to important notices (slide 2) for additional disclosure.
Catabela pit remains
open at depth
Future drilling campaigns to test depth potential
Spence mine
10km
N
Capital efficient
plant de-bottlenecking
SOUTH32
On-track to increase plant throughput to 48-49Mtpa(a) from FY24
Fourth grinding line
feasibility study in H1 FY24
Addition of a fourth grinding line has the potential to lift
throughput to 57-58Mtpa(a)
Exploration programs testing
nearby copper porphyry
exploration potential
15,000 metre exploration drilling program underway,
focused on the Pampa Lina copper porphyry prospect
Brownfield oxide
project optionality
Studying options to unlock value from ~110 Mt of stockpiled
oxide material(b)
SLIDE 16View entire presentation