The plan is delivered in three phases over ten years, with the first five years, the funded period, taking the mine from financial close to nameplate production. The Gantt chart below sets out the critical path, milestones and dependencies. The defining feature of a block-cave development is that substantial capital must be committed before meaningful production begins; the schedule and its dependencies are therefore the backbone of the risk-management framework.

Phase detail

• Phase 1 (Years 1–3) — mine development, box-cut and decline, concentrator construction, vermiculite and magnetite plants, and first ore. Capital is at its heaviest and production is ramping.
• Phase 2 (Years 3–5) — smelter and refinery commissioning, copper-rod plant, chemicals plant, renewable energy, export-terminal partnerships, and ramp to nameplate.
• Phase 3 (Years 5–10) — battery-minerals expansion, regional copper acquisitions, downstream beneficiation plants, and listing or strategic-exit readiness.

Critical milestones and dependencies

The following milestones sit on the critical path; each is a condition for the next, and several are drawdown gates subject to independent-engineer verification.