ASX : HVY
A$0.380 At last close
Potential production 2027

Kanmantoo


Tailings processing agreement with Kantra Copper targeting 50 ktpa Garnet, scalable to 100 ktpa.

Initial target
50 ktpa
Garnet
Scalable to
100 ktpa
Modular
Counterparty
Kantra Copper
ASX:KAN (formerly Hillgrove Resources)
First production
2027
Potential
Potential production 2027

Kanmantoo — Tailings Processing Agreement with Kantra

Kanmantoo is HVY’s near-term production Hard-Rock Industrial Garnet Project. A processing agreement with Kantra Copper (ASX: KAN), formerly Hillgrove Resources, provides HVY access to the active Kanmantoo copper-mine tailings stream and existing tailings storage facility in South Australia.

Production target

  • Initial target: 50 ktpa Garnet potential first production in 2027.
  • Modular scalability to 100 ktpa, subject to funding tier.
  • Operating under Kantra’s existing PEPR / water / heritage / ML envelope via the Tailings Processing Agreement.

Infrastructure and logistics

The Kanmantoo site sits approximately 55 km east of Adelaide on the South Eastern Freeway, with the Adelaide–Melbourne main rail corridor, grid power and Port Adelaide bulk-export access all established for Kantra’s copper operation. Garnet product will move by sealed road to Port Adelaide for export, leveraging existing industrial logistics rather than greenfield infrastructure.