Permits in Hand and Ready to Construct
Received all key state permits to operate Copperwood Project
Feasibility Study completed in 2023
The long-awaited copper cycle seems to be in motion. Copper demand is increasing to support the green energy transition, while the supply side is challenged by decades of underinvestment and recent mine disruptions.
Received all key state permits to operate Copperwood Project
Feasibility Study completed in 2023
25% increase in copper price increases Copperwood NAV by 300%
Higher Price/NAV multiple transitioning to production
Copper designated Critical Material by DOE, access to federal funding
Key local community support in Upper Peninsula, Michigan
Initial approval received by Michigan Strategic Fund
Financial boost and key endorsement from Michigan
Copperwood advancing to development in near-term
White Pine JV progressing through permitting and Feasibility Study
Highland Copper is arguably the most advanced copper development company in its peer group, with the highest leverage to copper price. Michigan distinguishes itself as one of few jurisdictions permitting and seeking to incentivize mine development for critical minerals. Highland looks forward to generating value through internal execution and a strong copper price environment.