Underpinned by approximately 5.3 billion pounds of copper mineral reserves. Restart Timeline and Milestones
Features an after-tax Net Present Value (NPV) of US$2.3 billion and an Internal Rate of Return (IRR) of 22.8% based on a copper price of $4.25/lb. Arizona Sonoran Copper aims to restart Cactus mine
Anticipated completion of the Definitive Feasibility Study (DFS) and receipt of major permit amendments (including Aquifer Protection and Industrial Air permits). Q4 2026: Target for a Final Investment Decision (FID) . 2027: Expected initiation of mine construction. Underpinned by approximately 5
Target for the first sustainable cathode production . Strategic Advantages Q4 2026: Target for a Final Investment Decision (FID)
Located on privately held land, the project bypasses federal nexus, allowing for a more streamlined, state-led permitting process.
Targeted output of 113,000 short tons of copper cathode annually for the first 10 years. Mine Life: Expected to operate for 22 years .