Jervois Copper Project
Considered the largest and most advanced copper development in the Northern Territory, the Jervois Copper Project is being developed by KGL Resources. It is located approximately 380km by road northeast of Alice Springs along the Plenty Highway.
KGL continues to advance toward a final investment decision in 2025 with an ongoing focus on exploration and growth. It is working closely with all stakeholders including the Northern Territory Government and local communities with the goal of bringing Jervois into production in 2027. Importantly, the project has all necessary approvals to commence construction.
The project has an 18-month construction schedule followed by a 6-month plant commissioning and ramp up program to achieve forecast concentrate production during 2027, subject to completing satisfactory financing arrangements. Steady-state operations is expected in H2 2027 delivering an average 30kt per annum of contained copper in a 27% saleable copper concentrate per annum.
The February 2025 feasibility study update has demonstrated the project is technically robust and financially viable. It highlights stronger project economics with an updated financial model showing post-tax NPV of AU$405 million, and an IRR of 24%, with a simple payback of 3.4 years on a 10-year mine.
- Investment type: brownfield
- Status: approvals in place
- Region: Central Australia, Northern Territory, Australia
- Project value: CAPEX AU$362 million
Download the Jervois Copper Project investment opportunity flyer PDF (226.4 KB).
Disclaimer
This investment opportunity is brought to market by an external proponent. The Northern Territory of Australia exercised due care and skill to ensure that at the time of publication the information contained in this publication is true and correct. However, it is not intended to be relied on as professional advice or used for commercial purposes. Australia's Northern Territory gives no warranty or assurances as to the accuracy of the information contained in the publication and to the maximum extent permitted by law accepts no direct or indirect liability for reliance on its content.