Construction of the SX/EW plant and other surface infrastructure will begin in the following quarter, the British Columbia-based copper miner added.
“Taseko is in a very unique position heading into 2024 with a fully permitted, low-cost project that will provide 80% growth to our North American copper production profile in the coming years,” Taseko CEO Stuart McDonald commented.
In November 2023, the US Environmental Protection Agency issued the final permit required to begin construction at Florence, which, when fully operational, will have an annual capacity of 85 million lb. of LME Grade A copper and a mine life of 22 years.
Shortly after, Taseko secured additional fundings totalling $100 million for the proposed copper mine, supplementing the previous financings from its partner Mitsui as well as Bank of America.
Record revenue
Last year also saw Taseko post its highest ever revenue of $525 million, which the…
