Cyprium Metals Gains Approvals for Nifty Restart | ASX 300

June 24, 2025 03:33 PM AEST | By Team Kalkine Media
 Cyprium Metals Gains Approvals for Nifty Restart | ASX 300
Image source: shutterstock

Highlights

  • Cyprium Metals receives regulatory approvals for the Nifty Copper Complex restart

  • Extended works approval supports critical infrastructure upgrades in Western Australia

  • Environmental and mining proposal adjustments align with redevelopment timelines

Copper-focused developer Cyprium Metals Ltd (ASX:CYM) has secured a series of regulatory approvals vital to the Phase 1 redevelopment of its Nifty Copper Complex in Western Australia. Listed on the ASX 300, Cyprium has been progressing a staged restart strategy focused on reactivating key assets at the project, including the cathode plant and supporting infrastructure.

The company confirmed that multiple amendments and approvals now enable forward development in line with updated operational plans.

Extension of Works Approval Supports Infrastructure Remediation

The Western Australian Department of Water and Environmental Regulation has extended the existing works approval associated with Cyprium’s Nifty Copper Complex. This approval allows the company to proceed with the refurbishment of critical infrastructure components, including the solvent extraction-electrowinning plant and heap leach facilities.

Key upgrades under the extended works plan also include construction and rehabilitation of ponds, containment systems, and acid storage facilities. These works are central to establishing operational readiness for the cathode production phase.

Environmental Licence Accommodates Expanded Processing Scope

Cyprium’s environmental licence covers a significant volume of metallic ore processing and associated chemical and tailings storage activities. As the approved works are completed, the company is expected to align the licence with increased processing and leaching capacities.

The updated licence parameters will facilitate operations across vat leaching, in-situ leaching, and expanded beneficiation activities at the site. These adjustments are administrative in nature and reinforce compliance with operational goals.

Mining Proposal and Closure Plan Adjusted for Development Continuity

The Mining Proposal 126711 has been formally approved, enabling key open-pit mining activities to resume at Nifty. This includes slope cutbacks, continued use of run-of-mine pads, and development of additional waste rock and topsoil storage zones.

In conjunction with this, the Department of Jobs, Tourism, Science and Innovation has extended the deadline for the company’s mine closure plan submission. This timing update aligns with changes in Western Australia’s guidelines and Cyprium’s project timeline.

Long-Term Operational Approvals in Place for Redevelopment

Cyprium continues to hold essential approvals supporting broader site operations. These include native vegetation clearing permits and water licences required for groundwater usage at the project.


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