• Extensive infrastructure investments to support stable, long-life mines
• Transition to underground mining expected to improve grade and production
• Capital investment tapering to deliver improved margin
• Exploration activities underway to expand resources
• Highly capable team in place to manage operations

Meeka Metals Ltd presented its plans for establishing a stable, long-life mining operation through extensive infrastructure investments. The transition from open pit to underground mining is expected to improve grade and production, with the second underground mine at Turnberry commencing in the Sep-26 quarter. Capital investment is tapering, which will deliver improved margin. Exploration activities are underway to expand resources, targeting expansion of both open pit and underground resources. The company has a highly capable team in place to manage operations.

Capital investment tapering from Jun-26 quarter, improved margin through FY27

Transition to underground mining to drive improved grade and production in FY27. Exploration activities to deliver resource growth. Capital investment tapering to deliver improved margin.