Horizon Minerals accelerates Black Swan Processing Hub development near Kalgoorlie by placing early orders for critical long lead items including pre-leach thickener and mill motors. The ASX-listed company made the strategic decision to order these components ahead of completing front-end engineering design studies to fast-track the project timeline. Managing director Grant Haywood stated the early commitment materially de-risks construction schedules and supports conversion of the hub into a 2.2 million tonne annual gold processing facility. Horizon secured $175 million in firm commitments during February to fund the transformation, with an additional $10 million share purchase plan underway. The capital will support site infrastructure, pre-production activities, and operational readiness across ore sources including Boorara, Burbanks, and Cannon. The company holds a 1.
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