Coppercore signs lease for copper facility in Colombia
2026-09-18
Coppercore has secured a ten-year lease, with an option to purchase, for a copper concentration facility in Colombia's Santa Marta industrial region. This strategic move, announced on September 18, 2026, positions the company for initial production of 1,000 tonnes of copper concentrate monthly, utilizing an innovative acid-free process for oxide ores. The facility is poised for significant phased expansion, targeting up to 300,000 tonnes of contained copper over the lease term at maximum scale, amidst a changing regulatory environment in Colombia that favors responsible mining and critical minerals development.
