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EV Resources Advances Fast-Track Strategy for Antimony Production

EV Resources Limited (ASX: EVR) has taken a significant step toward near-term antimony production by securing access to a processing plant under a restructured acquisition agreement, designed to accelerate development while managing capital efficiently.

The revised structure introduces milestone-based payments, allowing the company to align expenditure with key operational and permitting progress. This approach reduces upfront financial pressure while maintaining flexibility as the project advances. Refurbishment activities at the plant are already in progress, positioning the asset for a relatively swift transition to commissioning. The company plans to utilise high-grade feed from its Los Lirios project, along with additional regional sources, supporting an early-stage production strategy.

From a technical perspective, prior metallurgical work has demonstrated strong recovery rates exceeding 90%, reinforcing the economic viability of the operation. The project is structured around a scalable hub-and-spoke model, enabling initial cash flow generation while retaining the ability to expand processing capacity over time. Meanwhile, ongoing drilling programs are progressing, with results expected to provide further catalysts in the near term.

 

 

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