The following notes and accompanying analysis cover the historical production of a copper oxide concentrate from a Heavy Media Separation (HMS) plant. Subsequent development of an SxEw facility to produce copper cathode is also considered. Wood Mackenzie conservatively assumed production from SxEw in 2018. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.