Al Masane Al Kobra Mining Company (AMAK) announced the start of readiness tests to operate Moyeath processing plant, which was expected to continue during First Quarter 2024. Almasane Alkobra mining Company (AMAK) announced to its valuable shareholders that Almasane mine expansion project (development of the Moyeath orebody) construction phases and the hot commissioning of the new processing plant have been almost completed as scheduled. The first Zinc and Copper concentrate cakes were successfully produced at the new Moyeath Plant on March 25, 2024.

The full commercial production capacity is expected to be during third quarter 2024. It is worth mentioning that the new plant is equipped with advanced technology and processes to increase the production volume estimated of Zinc by 80% and Copper by 40%, with associated quantities of Gold and Silver, in addition to reducing production costs and enhancing efficiency and quality.