Tartana Minerals (ASX:TAT) is ramping up manufacturing at its copper sulphate plant following a serious cargo of 150 tonnes of copper sulphate pentahydrate by way of its offtake accomplice Kanins Worldwide.
Managing Director Stephen Bartrop additionally shared his firm’s plans to focus on the agriculture marketplace for its copper sulphate pentahydrate product, which he stated is a major market in Australia.
“The copper sulphate pentahydrate market is round 400,000 tonnes worldwide, and Australia is a portion of that, however a major proportion shouldn’t be the mining sector, however the agricultural sector,” he stated.
“So we’re planning on transferring in the direction of that sector, by way of supplying that sector. And naturally Australia imports a number of its copper sulphate pentahydrate, so we are able to substitute that importation,” Bartrop continued.
Manufacturing can also be underway for the cargo of one other 70 tonnes of copper sulphate pentahydrate.
“The copper sulphate pentahydrate market is kind of an thrilling market. And that copper market is definitely priced on the copper worth. So the element is 25 % copper, and that is (a London Metallic Trade) worth variable for the copper sulphate pentahydrate that we promote. So I feel we have got that leverage to the (London Metallic Trade) copper worth,” Bartrop stated.
Watch the total interview with Tartana Minerals Managing Director Stephen Bartrop above.
Disclaimer: This interview is sponsored by Tartana Minerals (ASX:TAT). This interview supplies data which was sourced by the Investing Information Community (INN) and accepted by Tartana Minerals with a view to assist traders be taught extra concerning the firm. Tartana Minerals is a consumer of INN. The corporate’s marketing campaign charges pay for INN to create and replace this interview.
INN doesn’t present funding recommendation and the data on this profile shouldn’t be thought of a suggestion to purchase or promote any safety. INN doesn’t endorse or suggest the enterprise, merchandise, providers or securities of any firm profiled.
The data contained right here is for data functions solely and isn’t to be construed as a proposal or solicitation for the sale or buy of securities. Readers ought to conduct their very own analysis for all data publicly accessible regarding the firm. Prior to creating any funding resolution, it is suggested that readers seek the advice of straight with Tartana Minerals and search recommendation from a certified funding advisor.
This interview could include forward-looking statements together with however not restricted to feedback concerning the timing and content material of upcoming work packages, receipt of property titles, and so forth. Ahead-looking statements handle future occasions and circumstances and subsequently contain inherent dangers and uncertainties. Precise outcomes could differ materially from these at present anticipated in such statements. The issuer depends upon litigation safety for forward-looking statements. Investing in corporations comes with uncertainties as market values can fluctuate.
