About Alara Resources
Alara Resources (ASX: AUQ) is an Australia-headquartered mining and exploration company with a strategic focus on the Middle East.
The Company’s flagship asset is the Al Wash-hi–Majaza Copper-Gold Project in Oman (the Al Wash-hi–Majaza Mine), owned and operated by Al Hadeetha Resources LLC—a joint venture in which Alara holds a 51% stake. Central to this project is a 1 MTPA¹ copper concentrate plant, the construction of which marked marking a transformative development in the region’s mining landscape.
In addition to the management of its flagship project, Alara continues to actively pursue high-potential exploration opportunities across Oman and Saudi Arabia, targeting copper and a range of other base and precious metals, including zinc, silver, and gold. Through multiple joint ventures, the Company has secured access to over 2,000 km² of exploration area in Oman, encompassing five concessions: Wash-hi, Mullaq, Block 8, and Block 22B.
With a firm commitment to responsible development, Alara offers investors a compelling opportunity to participate in the emerging frontier of sustainable, resource-driven economic growth.
1 Alara’s ASX announcements dated 1 April 2016 (Definitive Feasibility Study results – initial announcement), 24 January 2017 (Definitive Feasibility Study update), 28 June 2018 (Project Net Present Value update), and 29 March and 7 April 2021 (Project Net Present Value update) contain the information required under ASX Listing Rule 5.16 regarding the stated production target. All material assumptions underpinning the production target as announced on those dates continue to apply and have not materially changed—except where an assumption from an earlier announcement has been superseded by a later