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Copper|Generators|Mining|Turbines|Turbines|Operations
Copper|Generators|Mining|Turbines|Turbines|Operations
copper|generators|mining|turbines-company|turbines-person|operations

Cyprium makes A$9m from sale of surplus generators

25th November 2024

By: Creamer Media Reporter

     

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Copper company Cyprium Metals will sell surplus generators from the Nifty mine to USP&E North America for $6.05-million, or A$9.3-million.

The company has already received confirmation of a nonrefundable deposit of $600 000 and expects the full payment once the unit is removed from site in February next year.

“We are pleased to announce this sale,” commented Cyprium executive chair Matt Fifield.

“As previously described, the turbines that previously powered mining operations at Nifty are effectively surplus to our forward needs,” he said.

Cyprium is working to restart the previously operating Nifty mine.

Edited by Creamer Media Reporter

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