South32 invests US$ 197 million in Hermosa project in September quarter
Bitget2026/10/19 05:27- South32 invested US$197 million at Hermosa in the September 2026 quarter, advancing construction of the Taylor zinc-lead-silver project.
- Hermosa completed federal permitting under FAST-41 on September 2, 2026.
- Both Taylor shafts are expected to reach the primary production level in the December 2026 quarter.
- Sierra Gorda began executing its fourth grinding line project, which is expected to increase processing capacity by approximately 25%.
- First production from the expansion is expected in mid-fiscal 2030, with full production rates in fiscal 2031.
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