ACG Metals Produces First Copper Concentrate at Gediktepe Operation

On August 31, 2026, ACG Metals achieved a significant milestone at its Gediktepe operation in Türkiye, marking the first production of copper concentrate. This development represents a critical transition for the company, transforming it into a copper producer and highlighting its progress in diversifying its mineral resources.

Artem Volynets, CEO of ACG Metals, expressed satisfaction with the achievement, stating, "Producing our first copper concentrate is a defining milestone for the company. It reflects the dedication and execution capability of our team, contractors, and partners, and marks a safe and budget-conscious transition into copper production."

The Gediktepe operation, which was previously focused on gold and silver, has now been repurposed to focus on copper. The company is currently in the ramp-up phase, focusing on increasing throughput and optimizing plant performance. According to Volynets, the priority now is to progressively increase production, ensuring consistent concentrate quality and moving towards steady-state production by the end of 2026.

Volynets further emphasized, "Our focus is on disciplined ramp-up, ensuring steady-state production, and delivering on our targets for the remainder of the year."

The Gediktepe operation is targeting annual steady-state copper equivalent production of 20-25 kilotons. This achievement comes after ACG Metals successfully acquired the Gediktepe Mine in September 2024. The company has since undertaken significant transformations to convert the mine from a gold and silver producer to a copper-focused operation.

ACG Metals, founded with a vision to build a global, high-margin, copper-focused producer, has been committed to safe, efficient, and sustainable operations. The company’s seasoned management team, with extensive experience in the sector, brings significant expertise and a strong commitment to environmental, social, and governance (ESG) principles.

The company’s next steps involve continuing the commissioning process at Gediktepe, with a focus on optimizing plant performance and increasing production. ACG Metals aims to leverage its extensive network and ESG commitments to drive sustainable growth and deliver on its production targets.

For more information, interested parties can visit the company’s website at www.acgmetals.com or contact the company’s communications advisor at [email protected].

As the company moves forward, investors and stakeholders are closely watching its progress and contributions to the global copper market.