Copperwood Project update: Production by 2030

Highland Copper Company CEO Barry O’Shea joined Angela Harmantas at the Prospectors & Developers Association of Canada or PDAC conference in Toronto to share news about the advancement of the company’s Copperwood Project in the United States and the pathway toward near-term copper production. O'Shea described Copperwood as “one of the most advanced copper projects in the US,” highlighting that the project already has a current feasibility study and is fully permitted, meaning “timeline is in our hands.” The company has initiated early site work and awarded detailed engineering contracts, with a goal of reaching 40% engineering completion in 2026 to support a construction decision. Highland Copper Company Inc is targeting a construction decision in 2026, with first copper production expected in 2029 or 2030. Copperwood is projected to produce approximately 30,000 tonnes of copper annually, or around 70 million pounds, with capital expenditure of just over $400 million. O'Shea also discussed the strategic importance of copper being designated a critical mineral in the US in late 2025. The company has received a letter of interest from the United States EXIM Bank for $250 million, representing approximately 40% of the required capital. He noted that federal backing provides important visibility for funding under commercial terms. Additionally, Highland Copper Company Inc divested the non-core White Pine asset to focus capital allocation on Copperwood, eliminate debt, and position the company for a final investment decision. #proactiveinvestors #highlandcoppercorp #tsxv #hi #otcqb #hdrsf #pdac2026 #HighlandCopper #Copperwood #CopperMining #CriticalMinerals #USMining #EXIMBank #MiningInvestment #CopperProduction #ResourceInvesting #MiningNews