Arizona Sonoran — Copper Aims To Restart Cactus Mine

Located on privately held land, the project bypasses federal nexus, allowing for a more streamlined, state-led permitting process.

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. Arizona Sonoran Copper aims to restart Cactus mine

Arizona Sonoran Copper Company (ASCU) is actively working to restart the (the former ASARCO Sacaton Mine), located just outside of Casa Grande, Arizona . The project aims to transform this brownfield site into one of the largest copper cathode producers in the United States. Project Overview and Economics Located on privately held land, the project bypasses

Target for the first sustainable cathode production . Strategic Advantages 2027: Expected initiation of mine construction

Community polling indicates 87% favorability for the mine's restart in Pinal County. Major industry players such as Hudbay Minerals , Royal Gold , and Rio Tinto's Nuton have already made strategic investments.

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.

The project benefits from its status as a former producing mine, with existing onsite water access, nearby highways, and rail lines.