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EV Resources (ASX:EVR) has prepaid for the first of two important Falcon Concentrators for its Tecomatlan Plant refurbishment, with commissioning for the antimony processing plant in Mexico now set for late CY26.
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The acquisition (and this first pre-payment) marks the start of major ramp-ups over in Mexico and is “a key milestone in EVR’s journey to production.”
The Falcon Concentrator will serve as the core of the plant’s gravity circuit. Engineered for high-efficiency mineral separation, each acquired unit is capable of processing up to 15 tonnes per hour of hard rock material.
Once built, the facility will process third-party ore from regional artisanal miners alongside material from the company’s flagship Los Lirios project.
The decision to pre-pay for the equipment was so the company could lock in reduced pricing and space out timings on capital expenditures – especially because the Tecomatlan refurbishment is a central pillar of the company’s strategy to build a secure supply of antimony for the U.S. market.
“By integrating regional artisanal ore processing and bulk sampling from Los Lirios, we’re building a robust and flexible pathway to production. The ability to process third-party material lets us refine our flowsheet in a production environment while generating early cash flow,” EVR chief Mike Brown said today.
The explorer’s boss added: “We remain focused on our 2H26 commissioning target as we establish a reliable North American antimony supply chain.”
Recent metallurgical analysis on a sample from Los Lirios has already demonstrated an expected recovery rate of 90.8% antimony through simple gravitational concentration, with a head grade of 4.46% Sb. A planned reagent-free process has allowed EVR to utilise dry-stacked tailings and skip impact studies.
While engineering and construction packages are done, contractor mobilisation is pending a final “change of soil use” permit. EVR has already filed an “Informe Preventivo” to tell Mexican officials about procedures.
EVR opened Thursday morning trade at 0.8cps.
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