Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) (“BMR”) has announced the first shipments of copper concentrates related to the offtake agreement with Anglo American Sur. S.A. (“Anglo” or “Anglo American”) a division of Anglo-American PLC. According to the announcement, the company has supplied 503.74 dry metric tonnes (“DMT”) of copper concentrates to Anglo’s Chagres smelter in Catemu, Chile. The company will continue to increase results with a goal of producing approximately 1,400 DMT per month in the near term and reaching up to 2,800 DMT of copper concentrate production per month by year-end. “This initial copper concentrate shipment marks a significant stride towards positive cash flow, in line with Battery’s goal of building a mid-tier copper producer,” said the company’s CEO Martin Kostuik. “As we generate cash flow from copper sales, including leveraging thirty-party sources of mill feed such as those from Anglo, we will also continue to ramp up mine-sourced mill feed from our Cinabrio, San Andres and Dalmacia mines to achieve full production.”
To view the full press release, visit https://ibn.fm/neSoR
About Battery Mineral Resources Corp.
Battery Mineral Resources’ mission is to build a mid-tier copper producer and it has recently initiated mine and mill operations at the Punitaqui Mining Complex, a historic copper-gold-silver producer, in the Coquimbo region of Chile. Battery Mineral Resources is unique because it leverages the inherent value from its 100% owned subsidiary, ESI Energy Services Inc., a renewable energy equipment rental and sales company. The company’s portfolio also consists of two cobalt assets and one graphite asset located in North America, South America and South Korea. The company is focused on providing shareholders accretive exposure to copper and the global mega-trend of electrification while being focused on growth through cash-flow, exploration, and acquisitions in favorable mining jurisdictions. For more information about the company, visit www.BMRCorp.com.
NOTE TO INVESTORS: The latest news and updates relating to BTRMF are available in the company’s newsroom at https://ibn.fm/BTRMF
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