Cyprium Metals Ltd executive chair Matt Fifield talks with Proactive’s Tylah Tully about the company's latest developments and its ambitious 2025 plans.
Fifield emphasised the transformational impact of 2024, which included the release of a pre-feasibility study (PFS) for the Nifty Copper Complex in Western Australia.
This study detailed plans for surface mining and a refurbished concentrator, projecting a net present value of $1 billion, $4 billion in life-of-mine cash flow and 20 years of reserves.
Fifield also announced a significant strategic alliance with Macmahon Holdings Ltd, calling it "massive" for Cyprium Metals.
He explained that Macmahon’s expertise, presence in Western Australia and familiarity with large-scale operations made them an ideal partner to execute the bankable feasibility study and support project implementation.
"This partnership ensures the best pathway forward with a tier-one contractor," he said.
To finance the project, Cyprium Metals is exploring multiple avenues, including leveraging its Glencore offtake facility, engaging government-backed lender, and considering strategic investors for a minority stake in Nifty.
These initiatives are part of the company’s clear plans to deliver value in 2025.