NexMetals Mining Corp. achieved a significant metallurgical breakthrough at its Selebi Mines in Botswana.
The breakthrough enables the production of separate high-grade saleable copper and nickel-cobalt concentrates, reducing capital intensity and operational complexity.
This milestone positions Selebi Mines for a faster and more efficient restart, with lower energy requirements and environmental impact.
Alternative Development Option
The possibility of not requiring an on-site smelter or hydrometallurgical plant reduces major capital and execution risks.
Streamlined, Sustainable Operations
Lower energy demand and no specialized smelter/hydrometallurgical skillsets reduce operational complexity.
Baseline Results with Upside
Ongoing studies aim to improve recoveries through flowsheet optimization.
Commercial Advantage
High-grade concentrates open flexible commercial pathways for potential offtake negotiations.
Metallurgical Breakthrough Achieved
Significant progress towards a low-capital, low execution risk option for future production at Selebi Mines.
- The metallurgical breakthrough offers substantial value by reducing capital requirements and operational risks for Selebi Mines.
- The high-grade concentrates provide a commercial advantage and potential for faster project restart with lower costs.
The breakthrough at Selebi Mines marks a transformational step forward with the optionality to produce saleable copper and nickel-cobalt concentrates, unlocking significant value for shareholders.