Where We Operate
MATSA Mining Operations
Sandfire operates the MATSA Mining
Operations, located in the Huelva Province of south-western Spain.
Sandfire completed the US$1.865 billion acquisition of MATSA in February 2022, delivering a new cornerstone operation that has elevated the Company into the global base metals league.
With a 4.7Mtpa processing plant located to the north of the Iberian Pyrite Belt that sources ore from three underground mines, Aguas Teñidas and Magdalena Mines in Almonaster la Real and the Sotiel Mine in Calañas, MATSA produces copper, zinc and lead mineral concentrates that is shipped from the port of Huelva.
For the 5 months to 30 June 2022, MATSA is forecast to produce approximately 27,000t of contained copper and 38,000t of contained zinc at a forecast C1 cash cost of US$0.98 per pound of payable copper.
The surrounding exploration package, located in the world-class Iberian Pyrite Belt, comprises a 2,450km2 tenement holding spanning Spain and Portugal, offers Sandfire substantial long-term exploration upside and organic growth potential.
Sandfire MATSA has a highly skilled workforce, with approximately 80% of staff employed from local towns in the Huelva province, and an experienced in-country management team.
Sandfire is now implementing a 5-year plan aimed at optimising the existing operation, making new discoveries within the highly prospective Iberian Pyrite Belt, and establishing MATSA as a base for multi-decade operations in the region.
Management of Water Resources
Sandfire treats water as a precious resource and is committed to working with stakeholders to manage impacts on water bodies. Our MATSA operations has clear targets in place for sustainable water use, and utilises modern water infrastructure for the treatment, regulation and handling of water.
Sandfire’s MATSA operation is part of the EsAqua, a unique and innovative project in Spain which is aimed at reducing businesses water footprint. Our MATSA operation maintains a Gold Category from EsAqua, in recognition of our commitment to sustainable water use.