HGO.ASX: Kanmantoo Copper Mine Achieves 1.8Mtpa Run Rate

Kanmantoo Copper Mine Achieves 1.8Mtpa Run Rate

Stock	Hillgrove Resources Ltd (HGO.ASX)
Release Time	2 Jul 2026, 9:31 a.m.
Price Sensitive	Yes

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Hillgrove Resources Achieves 1.8Mtpa Run Rate at Kanmantoo Copper Mine

Key Points

Kanmantoo Copper Mine achieved 1.8 million tonnes per annum (Mtpa) run rate in June 2026.
Emily Star Stage 2 Final Investment Decision (FID) expected in the September Quarter.
Mining and milling performance strengthened, delivering an annualised run rate of 1.8 Mtpa.

Full Summary

Hillgrove Resources Limited (ASX: HGO) announced that its Kanmantoo Copper Mine in South Australia achieved a 1.8 million tonnes per annum (Mtpa) run rate in June 2026, aligning with the company's ramp-up plan. The mining and milling operations both delivered an annualized run rate of 1.8 Mtpa. The company also anticipates the Final Investment Decision (FID) for the Emily Star Stage 2 project in the September Quarter, earlier than initially expected, based on ongoing drilling and assessment activities. CEO Bob Fulker highlighted the achievement as a significant milestone and emphasized the team's ability to execute against the plan.

Outlook

Hillgrove Resources expects the Emily Star Stage 2 project to move forward with a Final Investment Decision in the September Quarter.