• FY27 Guidance: 17,500-18,500t Cu in concentrate, AISC $4.80-$5.20/lb
• FY28 Target: 20,000-22,000t Cu in concentrate
• FY29 Target: 25,000-27,000t Cu in concentrate
• No additional funding required for Stage 2 expansion
• Prepayment facility increased to US$50 million

AIC Mines has announced its FY27 production guidance and FY28-FY29 production targets for the combined Eloise and Jericho copper mines. The company expects to produce 17,500-18,500 tonnes of copper in concentrate in FY27, with a blended average All-in Sustaining Cost (AISC) of A$4.80-$5.20 per pound and All-in Cost (AIC) of A$5.20-$5.60 per pound. FY28 is expected to see a production target of 20,000-22,000 tonnes of copper in concentrate, and FY29 is expected to see a production target of 25,000-27,000 tonnes of copper in concentrate. The Stage 2 Eloise plant expansion to 1.5Mtpa is expected to be completed in the December 2028 Quarter, and no additional funding is required for the expansion or accelerated underground development at Jericho. The US$40 million Trafigura Prepayment Facility for the Eloise Expansion Project has been expanded by US$10 million to a total US$50 million.

FY27: 17,500-18,500t Cu in concentrate, AISC $4.80-$5.20/lb, AIC $5.20-$5.60/lb

FY28: 20,000-22,000t Cu in concentrate, FY29: 25,000-27,000t Cu in concentrate