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Update on financing and offtake with Glencore
Glencore and Orion are progressing the documentation for the offtake and financing agreements.
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Mining metals for tomorrow
Delivering growth and opportunity by discovering, developing and producing metals for a greener future.
Mining metals for a decarbonising world
With two advanced copper districts moving toward development, Orion Minerals (ASX: ORN | JSE: ORN) is positioned to support the global energy transition. Our portfolio comprises high-quality development and exploration assets in South Africa’s Northern Cape, with Mineral Rights including known deposits of copper, zinc, nickel, cobalt, Platinum Group Elements (PGE), gold, silver, tungsten, Rare Earth Elements (REE) and lithium.
PROJECT UPDATES
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Update on financing of US$200 million to US$250 million and offtake with Glencore
Glencore and Orion are progressing the documentation for the offtake and financing agreements. End of year holidays have resulted in delays in the finalisation of the agreements. Update to come early-2026.
ANNOUNCEMENTS
PRESENTATIONS
SHARE PRICE
A$ 0.023
13 Jan 2026 16:00 pm
R 0.3
13 Jan 2026 15:42 pm
OUR SITES
Key investment highlights
Two brownfield development assets
in South Africa’s Northern Cape
Moving toward production
at Prieska Copper Zinc Mine
Financing and strategic partner
engagement secured
Fully integrated from
exploration to market
Known deposits of Copper, Zinc, Nickel, Cobalt, PGE, Au, Ag, W, REE, Li
Perfectly aligned with new market
dynamics for future-facing metals
Exceptional exploration pipeline
Important by-product credits
Au, Ag, PGE, Py, S, Ba
Exposure to Li, Nb, Ta, Graphite, W, Mo, U, with occurrences located on our mining rights
EVENTS
9 Feb
2026
Investing in African Mining Indaba
Date: Monday, 9 February 2026 to Thursday, 12 February 2026
Venue: CTICC, Cape Town