Alara Resources (ASX:AUQ) copper-gold shipments await vessel clearance at Sohar Port

Alara Resources has confirmed that its 37th and 38th copper concentrate parcels from the Al Wash-hi Majaza copper-gold mine in Oman are ready for dispatch, although shipment timing remains subject to vessel availability at Sohar Port.

The update underscores steady concentrate production from the operation, while highlighting logistical exposure to regional conditions beyond the company’s control.

Highlights

• 37th shipment of 1,399 WMT copper concentrate ready, comprising 284 MT copper and 75 Oz gold
• 38th shipment of 1,389 WMT copper concentrate ready, comprising 272 MT copper and 96 Oz gold
• Combined 2,788 WMT parcel containing approximately 566 MT copper and 171 Oz gold
• Shipments awaiting arrival of the vessel at Sohar Port, currently delayed due to the evolving geo political situation

The Al Wash-hi Majaza mine is operated by Al Hadeetha Resources LLC, in which Alara holds a 51% interest.

According to the release, the latest shipping cycle delivered a combined parcel of 2,788 WMT of copper-gold concentrate, containing approximately 566 MT of copper and 171 Oz of gold.

Both parcels are physically at Sohar Port and ready for loading, with dispatch contingent on confirmation of revised vessel departure dates.

The company said it is presently awaiting dispatch notice from Sohar Port due to the vessel not arriving as per the original schedule, coupled with ongoing uncertainty arising from the changing geopolitical situation in the region.

The Alara and AHRL teams are closely monitoring ongoing developments and are awaiting confirmation of revised vessel departure dates.

Operationally, the production metrics continue a pattern of regular shipments from the concentrate plant.

By way of comparison, parcel 36, shipped on 20 Feb 2026, comprised 827 WMT of concentrate, containing 156.4 MT of copper and 51.2 Oz of gold.

The scale of parcels 37 and 38, at 1,399 WMT and 1,389 WMT respectively, reflects materially larger tonnages in the current cycle, although the company notes that figures are approximate due to rounding.

For investors, the update is logistical rather than operational in nature, with no indication of plant disruption or production shortfall, and the delay instead reflecting shipping schedules at Sohar Port amid broader geopolitical developments.

In concentrate-based operations, timing of vessel arrivals can influence revenue recognition and working capital cycles, even where production performance remains intact.

Alara describes itself as an Australian based precious and base metals producer and explorer focused on operating the Al Wash-hi Majaza copper-gold mine and concentrate production facility in Oman.

Beyond current production, the company continues exploration activities across several Omani licences, including Block 7 under the Daris JV, Mullaq and Al Ajal under the Al Hadeetha JV, Block 8 under the Awtad Copper-Power Metal JV and Block 22B under the Al Hadeetha Mining LLC JV.

The immediate outlook hinges on confirmation of revised vessel departure dates at Sohar Port, with the company stating that a further market update will be provided once the new schedule is confirmed.

In the interim, the latest shipment data evidences continued concentrate output, while external shipping dynamics remain a variable factor in the timing of sales realisation.