Lion Copper & Gold Advances Major Nevada Copper Project Toward Development [Globe and Mail, The (Toronto, Canada)]
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Globe and Mail, The
Lion Copper & Gold is advancing a large copper development project in Nevada with more than 3 billion pounds of copper resources. With a strategic partner funding key development feasibility study and permitting, the company is moving the project toward potential production while reducing dilution risk for shareholders. Copper is increasingly viewed as one of the most critical metals in the global economy. From electrification and renewable energy systems to data infrastructure and artificial intelligence, demand for copper continues to grow as industries require large volumes of conductive materials. Against that backdrop, Lion Copper & Gold is advancing a major copper development project in Nevada , one of the most established mining jurisdictions in the United States. According to CEO John Banning, the project ranks among a small group of copper cathode projects that could come online in the United States within the next several years. The project currently hosts reserve
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