Atalaya Mining (ATYM) - Leveraged Production Play on the Copper Price
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Show Notes
Interview with Alberto Lavandeira, CEO of Atalaya Mining (AIM:ATYM).
Atalaya Mining (ATYM) is a copper mining company with operations based in southern Spain, focused on extracting and producing copper. With over eight years of experience in the industry, Atalaya Mining also has development projects underway within the broader Iberian Peninsula.
The company recently published its first-quarter results, highlighting notable figures related to inflation and the copper market. Despite the impact of rising electricity prices in Ukraine, Atalaya Mining managed to reduce its production costs, demonstrating operational efficiency. This achievement was attributed to several factors, including stabilized gas prices in Europe, increased utilization of solar and wind energy in Spain, and a favorable long-term electricity agreement signed last year.