Anglo Asian Demirli copper production begins in Azerbaijan

Anglo Asian Mining

Anglo Asian Demirli copper production has begun in Azerbaijan’s Karabakh region. The company plans a staged ramp-up through year-end. Anglo Asian Demirli copper production targets 4,000t of copper in concentrate in 2025. From 2026, Anglo Asian Demirli copper production aims for 15,000 t/yr, subject to mine performance.

Ramp-up plan and mine life

The ramp-up schedule prioritizes stable throughput and concentrate quality. Guidance sets 2025 output at about 4,000t as systems mature. From 2026, nameplate output rises to 15,000 t/yr as mining deepens. The mine life will be confirmed after resource model updates.

Portfolio momentum and operational context

Anglo Asian lifted first-half copper output to 1,188t from 100t a year earlier. The Gilar mine also started in May at the Gedabek site. Together, these assets diversify feed and smooth processing flows. As a result, the group strengthens delivery against near-term sales commitments.

Meanwhile, Demirli adds regional scale in a tightening copper market. The project enhances Azerbaijan’s base-metal profile and export potential. Investors will watch ramp-up discipline, cost trends, and recoveries. Robust execution should underpin cash flow as volumes normalize.

The Metalnomist Commentary

Demirli’s timeline looks pragmatic, balancing grade access and plant stability. The 2026 step-up is meaningful for unit costs and margins. Continued progress at Gilar should further de-risk group production.