#OrionMinerals #Mining #CopperProduction #CleanEnergyTransition #CriticalMetals #GlobalMining #SustainableMining #EnergyTransition
In the dynamic sphere of mineral exploration and mining, Orion Minerals, a company dual-listed on the Johannesburg Stock Exchange (JSE) and the Australian Securities Exchange (ASX), has reported a significant milestone in its development. As of the six months culminating on December 31, 2023, Orion Minerals has pivoted from its foundational roles—dedicated primarily to exploration and the execution of feasibility studies—to a formidable entity in the mining industry. This transformation marks its foray into actively developing an underground mine, heralding a new chapter in its growth trajectory.
A comprehensive report shared with shareholders on March 13, 2023, outlines Orion’s strategic endeavors to construct a robust pipeline of critical metals assets. This initiative is strategically aligned with the burgeoning demand catalyzed by the global clean energy transition. Orion is not just positioning itself as a key player in the mining sector but is integrating its operations to support the worldwide shift towards cleaner and more sustainable energy sources.
Orion has charted an ambitious course towards achieving its first copper sales from its development projects by the year 2025. The company is not stopping there; it envisions a rapid scale-up of its copper production capabilities. By the end of the decade, Orion aims to exceed a production threshold of more than 50,000 tons per year (t/y). This bold goal underscores the company’s commitment to contributing significantly to the global supply of copper—a vital component in various clean and renewable energy technologies.
The strategic moves by Orion Minerals not only underscore the company’s growth from a mere explorer to a significant mining entity but also reflect its forward-looking approach to sustainability. By prioritizing the extraction and production of critical metals necessary for the clean energy transition, Orion is positioning itself as a key contributor to a more sustainable future, aligning its operational objectives with global environmental goals.
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