PROJECT UPDATES
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Definitive Feasibility Study for Flat Mines Project Outlines Robust Development Pathway for Okiep Copper Project
DFS on Stage 1 development confirms sound financial outcomes from a modern underground copper mine
Orion Minerals Limited (ASX/JSE: ORN) (Orion or the Company) is pleased to present the outcomes of the Definitive Feasibility Study for the Flat Mine Project, within the Okiep Copper Project, located in the Northern Cape Province of South Africa.
28 March 2025
ANNOUNCEMENTS
PRESENTATIONS

Orion Minerals is focused on the supply of future facing metals to help the global transition to a lower carbon future.
The Company holds a portfolio of 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.

Key investment highlights
- Two brownfields development assets in South Africa’s Northern Cape
- Moving toward early production scenario at Prieska Copper Zinc Mine (PCZM)
- Financing and strategic partner engagement secured
- Extensive upside exploration potential, high-quality Mineral Resources
- Fully integrated from exploration to market
- Mineral Rights include known deposits of Copper, Zinc, Nickel, Cobalt, PGE, Au, Ag, W, REE, Li
- Strong ESG credentials with available renewable and green hydrogen power
- Perfectly aligned with new market dynamics for future-facing metals
- Exceptional exploration pipeline
- Primary focus on near-term copper mining (Prieska Copper Zinc mine currently under development – targeting first production in 18 months)
- Secondary attention: Class 1 Ni sulphide mining (Ni-Cu-Co-Au-PGE) – coupled with refining technology development
- Developing specialist refining capacity to produce high value, high-purity ultrafine metal powders used in electronics
- 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 (historic mining occurrences)
- Winner of multiple ESG awards


ABOUT US
Orion Minerals Ltd (ASX: ORN | JSE: ORN) is a globally diversified metal explorer and developer which is on track to become a new generation base metals producer through the development of its flagship Prieska Copper Zinc Mine (PCZM), its near-term Okiep Copper Project (OCP) and the Jacomynspan (JMP) Nickel-Copper-PGE Project, all located in South Africa’s Northern Cape.
EVENTS
3 – 6 Feb
2025
Mining Indaba Conference
Orion Minerals will be attending the annual Mining Indaba Conference in Cape Town, South Africa.
When: 3 – 6 February 2025
Time: Daily