Copper Operations
Open-pit copper mines in Arizona's Morenci District • Peru's Arequipa Region • Powering global electrification
Tonnes Annually
AISC per Pound
Active Mines
Years Mine Life
Why Copper?
Copper is the essential metal of electrification—from EV motors to grid infrastructure, data centers to renewable energy.
Copper represents 20% of assetrix.info portfolio, positioning our investors at the center of the global electrification megatrend. Our copper division operates three open-pit mines across North and South America—the Morenci District in Arizona and the Arequipa Region in Peru—two of the world's most prolific copper belts.
With 2.8 million tonnes in proven and probable reserves, we have a mine life exceeding 16 years at current production rates. Our all-in sustaining costs of $2.85/lb place us in the lowest cost quartile globally, generating substantial margins at current copper prices above $4.00/lb.
Every tonne of copper we produce is refined to LME Grade A standard and sold to major manufacturers of EVs, renewable energy infrastructure, data centers, and construction materials. Our strategic location in mining-friendly jurisdictions ensures operational stability and predictable returns.
Our Copper Assets
Three world-class open-pit operations delivering low-cost, high-purity copper to global markets
Morenci Operations
Two open-pit copper mines with solvent extraction/electrowinning processing. 0.45% Cu grade with by-product molybdenum credits. 18-year mine life remaining.
Arequipa Operations
One large-scale open-pit operation in southern Peru's copper belt. 0.62% Cu grade with gold and silver by-products. Expansion to 80K tonnes planned by 2028.
Proven & Probable Reserves
NI 43-101 and JORC-compliant reserve estimates verified by independent geologists
Reserve Breakdown
Production History
Copper End Use Markets
Copper's unique properties make it irreplaceable across the global economy
EVs & Transport
80kg per EV
vs 23kg in ICE vehicles
Renewable Energy
5.5 tonnes per MW wind
4 tonnes per MW solar
Data Centers
AI & cloud computing
40% growth in demand
Construction
Wiring & plumbing
30% of global demand
The Copper Supply Gap
Demand Growth
Projected copper demand increase by 2030 driven by electrification and decarbonization.
Supply Deficit
Tonnes of annual supply deficit expected by 2030 as new mines fail to keep pace with demand.
Price Outlook
Projected copper price by 2028 as supply constraints meet accelerating demand from electrification.
Industry-Leading Cost Structure
| Metric | assetrix.info Copper | Industry Average | Top Quartile |
|---|---|---|---|
| All-In Sustaining Cost (AISC) | $2.85/lb | $3.60/lb | $3.00/lb |
| Cash Operating Cost | $2.10/lb | $2.80/lb | $2.20/lb |
| Margin at $4.00/lb Copper | 29% | 11% | 25% |
| Margin at $5.00/lb Copper | 43% | 28% | 40% |
| Copper Grade (Average) | 0.54% | 0.45% | 0.50% |
Valuable By-Product Credits
Our copper mines generate significant revenue from associated minerals, further reducing net costs
Gold By-Product
Gold credits reduce net copper cost by $0.20/lb
Molybdenum
Used in steel alloys, reduces net copper cost by $0.15/lb
Silver By-Product
Silver credits from Arequipa operation reduce net cost by $0.10/lb
Innovation in Copper Mining
Water Efficiency
SX-EW processing recycles 95% of process water. Dry-stack tailings reduce freshwater consumption by 60% vs conventional methods.
Autonomous Operations
Fleet of autonomous haul trucks and drills in Arizona operations, reducing costs by 30% and improving safety metrics.
AI Grade Control
Machine learning algorithms optimize blast patterns and ore routing, increasing recovery by 8% since implementation.
Responsible Copper Mining
Decarbonization
40% reduction in Scope 1 & 2 emissions since 2022. On track for 50% reduction by 2028 through renewable energy integration.
Community Investment
$8M+ invested in Arizona and Arequipa communities for education, healthcare, and infrastructure development.
Circular Economy
Copper is 100% recyclable. Our operations partner with recyclers to supplement primary production and reduce mining intensity.
Financial Performance
$640M
Capital Deployed
$1.2B
Annual Revenue
$350M
Annual EBITDA
15.6%
Portfolio IRR
Strategic Advantages
Mining-Friendly Jurisdictions
Both Arizona and Arequipa rank in top 10 mining jurisdictions globally with stable regulatory frameworks and established infrastructure.
Long-Life, Low-Cost Assets
16+ year mine life with all-in costs in lowest quartile provides resilience through commodity price cycles.
Electrification Exposure
Copper is the most direct play on global electrification megatrend with no viable substitute in most applications.
Invest in Our Copper Operations
Gain exposure to the essential metal of electrification with institutional-grade copper mining at industry-low costs.