RE: Update RNS on the exchange ....13 Mar 2026 07:40
Highlights
· Execution package in place: procurement requests for critical refurbishment items were launched in March 2026, with contractor mobilisation readiness established for a 90-day execution programme.
· Early works commencing: certain permitted preparatory activities are scheduled to commence in March, enabling selected workstreams to progress ahead of the main refurbishment programme.
· Critical path supported: together, these steps are intended to add flexibility across key execution activities and help preserve the current development timetable.
· Licensing workstreams progressing: remaining Installation Licence requirements, including IPHAN, water abstraction and tailings-related permitting, continue to advance in parallel.
· The Azteca plant remains a key component of Cadence's phased redevelopment strategy at Amapá,