AIC Mines Tracking Well with Eloise Expansion

Dow Jones

06/29

2214 GMT - Ord Minnett says it's now more confident that AIC Mines can handle some 1.5 million tons of ore annually at its Eloise copper-mining operation by FY29. That assertion follows a site trip to Eloise, and leans into AIC's recent exploration success and the relatively immature nature of the adjacent Jericho ore body. Analyst Paul Kaner says the trip highlighted progress on the expansion projects, including at the processing mill. Those are on schedule to drive a step change in production. A higher throughout will drive further production growth of 5,000 tons and a 10% reduction in unit costs for minimal additional plant capex, Ord Minnett says. Its price target lifts 13% to A$0.85/share. AIC ended last week at A$0.705. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

June 28, 2026 18:14 ET (22:14 GMT)

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That assertion follows a site trip to Eloise, and leans into AIC's recent exploration success and the relatively immature nature of the adjacent Jericho ore body. Analyst Paul Kaner says the trip highlighted progress on the expansion projects, including at the processing mill. Those are on schedule to drive a step change in production. A higher throughout will drive further production growth of 5,000 tons and a 10% reduction in unit costs for minimal additional plant capex, Ord Minnett says. Its price target lifts 13% to A$0.85/share. AIC ended last week at A$0.705. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 28, 2026 18:14 ET (22:14 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2647734645","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2647734645","pubTimestamp":1782684840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2214 GMT - Ord Minnett says it's now more confident that AIC Mines can handle some 1.5 million tons of ore annually at its Eloise copper-mining operation by FY29. That assertion follows a site trip to Eloise, and leans into AIC's recent exploration success and the relatively immature nature of the adjacent Jericho ore body. Analyst Paul Kaner says the trip highlighted progress on the expansion projects, including at the processing mill. Those are on schedule to drive a step change in production. A higher throughout will drive further production growth of 5,000 tons and a 10% reduction in unit costs for minimal additional plant capex, Ord Minnett says. Its price target lifts 13% to A$0.85/share. AIC ended last week at A$0.705.  Dow Jones NewswiresJune 28, 2026 18:14 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","A1M.AU":"AIC MINES LTD"},"translate_title":"AIC Mines随着Eloise扩张进展良好","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"A1M.AU":0.9},"content_text":"2214 GMT - Ord Minnett says it's now more confident that AIC Mines can handle some 1.5 million tons of ore annually at its Eloise copper-mining operation by FY29. That assertion follows a site trip to Eloise, and leans into AIC's recent exploration success and the relatively immature nature of the adjacent Jericho ore body. Analyst Paul Kaner says the trip highlighted progress on the expansion projects, including at the processing mill. Those are on schedule to drive a step change in production. A higher throughout will drive further production growth of 5,000 tons and a 10% reduction in unit costs for minimal additional plant capex, Ord Minnett says. Its price target lifts 13% to A$0.85/share. AIC ended last week at A$0.705. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 28, 2026 18:14 ET (22:14 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}