https://newsletter.en.creamermedia.com
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

     

Font size: - +

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

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

 

Showroom

SAJ Electrics
SAJ Electrics

Smart energy storage solutions for efficient, safe, and profitable power.

VISIT SHOWROOM 
Amsted Reelin image
Amsted Reelin

REELIN is Currently the largest supplier of Bearings to Transnet. We have contracts to supply bearings, draft gears slackadjusters and other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Sun City Hotel gets major revamp
Sun City Hotel gets major revamp
5th November 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.152 0.245s - 188pq - 2rq
Subscribe Now