VEINVEIN
Copper Mining Operations
Long-term cathode supply for municipal utilities, EPC firms, and sovereign procurement. The metal powering the world's grids runs through our ground.
Geological Cross-Section
Vein Main Pit — Depth Profile
Production Dashboard
FY 2025 — Audited Figures
Annual Cathode Output
0
metric tonnes Cu
Proven + Probable Reserves
0.0
billion tonnes ore
Mine Life Remaining
0
years at current rate
Copper Purity — LME Grade A
0.00%
cathode specification
Ore Grade (Sulphide)
0.00%
Cu proven zone
Strip Ratio
0.0:1
waste to ore
Last verified: 26 Feb 2026 · Source: ASX Quarterly Report
01 / Operational Scale
287,400
metric tonnes Cu / year
Annual Cathode Production
Sufficient to wire 2.4 million residential solar installations annually
4.2B t
proven + probable ore reserves
Reserve Base
Scale that underwrites 34-year supply commitments.
Vein's main pit has been in continuous operation since 1991. The proven reserve base supports binding offtake agreements extending to 2059 — the planning horizon municipal utilities and sovereign stockpile managers require before committing capital. Annual production has grown 18% over the last five years through fleet expansion and concentrator upgrades.
LME-registered warehouse capacity: 48,000 tonnes. Port stockpile: 72,000 tonnes. Combined buffer covers 8 months of contracted volume.
Emissions 46% below the global copper industry average.
Vein's hydropower supply agreement with the regional grid operator covers 88% of site electricity demand, driving our Scope 2 footprint to near zero. The remaining 12% is met by on-site solar. Our closed-loop water circuit — the highest reclamation rate in our peer group — eliminates freshwater draw from the Río Seco watershed entirely.
Third-party GHG verification: ISO 14064-1:2018. Water stewardship certification: AWS Core Level. Tailings facility: MAC Level 3 design standard.
02 / Environmental Stewardship
94.7%
process water reclaimed
Water Reclamation Rate
FY2025 — verified by Bureau Veritas
03 / Community Impact
4,820
direct employees
Community Employment
78% sourced from within 80km of the operation
USD 38.4M
community investment (5yr cumulative)
Social Investment
A supply chain that doesn't leave a governance liability.
Procurement officers at multilateral institutions and sovereign funds increasingly require evidence that supply chains meet IFC Performance Standard 5 on land acquisition and involuntary resettlement. Vein has operated without a single FPIC objection in 14 consecutive years. Our community investment fund — administered by an independent board with majority indigenous membership — has financed 34 infrastructure projects since 2019.
ESG ratings: MSCI AA. Sustainalytics Risk Score: 14.2 (Low). IFC Performance Standards compliance: independently audited annually.
Port-direct logistics. No transshipment. No third-party terminals.
Vein's dedicated berth at Puerto Punta Arenas handles full Panamax vessels, enabling direct loading to utility and EPC buyers across Asia-Pacific, Europe, and the US Gulf Coast without intermediate handling. Average vessel turnaround: 18 hours. The port operates 340 days per year under our exclusive-use agreement, with a 72-hour weather contingency window built into all annual delivery schedules.
Incoterms offered: FOB Puerto Punta Arenas / CIF Rotterdam / CIF Tianjin. Insurance: Lloyds marine cargo, open cover. Customs classification: HS 7403.11.
04 / Logistics & Port Access
147 km
mine-to-port rail distance
Port Punta Arenas
Dedicated rail spur — 3 departures per week
36,000 t
per vessel — Panamax compatible
Single-Load Capacity
Procurement Inquiry
Ready to negotiate
long-term supply terms?
Vein operates a gated procurement portal for qualified buyers. Municipal utilities, EPC contractors, and sovereign procurement offices — submit your initial inquiry to begin due diligence.