Ore Resources (ASX: OR3) is targeting early cash flow from its Kangaroo Hills lithium project in WA after completing a positive scoping study for a direct shipping ore (DSO) operation.
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Speaking to HotCopper on this edition of the Watchlist, managing director Nick Rathjen outlined the strategy, which is centred on a capital-light development model using contract mining, crushing and logistics to accelerate production.
The study covers the open-pit mining, crushing, trucking and export of lithium-bearing pegmatite ore, with the company targeting a final investment decision, project commencement and first DSO production by mid-2027.
Rathjen said the DSO model could provide a rapid route to cash generation while keeping upfront capital requirements low.
Watch the full interview above for all the details.
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