Anglo Asian Mining plc (LSE:AAZ) has finalized a copper concentrate sales agreement with global commodities trader Trafigura, covering production from its Demirli mine in Karabakh, Azerbaijan. The deal includes a $25 million revolving prepayment facility, providing additional liquidity to support the company’s growth initiatives.
The Azerbaijani government has granted all necessary licenses for the operation of the Demirli processing plant and tailings dam, marking a key milestone in Anglo Asian’s expansion strategy. The first shipment of copper concentrate is expected to take place by mid-November 2025, strengthening the company’s production base and revenue potential.
While Anglo Asian continues to face financial challenges, including weak profitability and valuation pressures, short-term technical indicators point to mild bullish momentum. The agreement with Trafigura and the operational ramp-up at Demirli position the company for improved output and strategic progress in the coming quarters.
More about Anglo Asian Mining plc
Anglo Asian Mining plc is an established copper and gold producer with a diverse portfolio of producing and exploration assets in Azerbaijan. In 2024, the company produced 377 tonnes of copper and 15,073 ounces of gold, followed by 3,475 tonnes of copper and 18,912 ounces of gold in the first nine months of 2025.
Anglo Asian aims to evolve into a multi-asset, mid-tier copper and gold producer by 2030, with copper expected to become its primary revenue driver as new projects come online and production capacity expands.
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