Ivanhoe Electric Santa Cruz copper PFS posts after-tax NPV8 of $3.5 billion at $6.79/lb copper
Bitget2026/09/23 11:07- Ivanhoe Electric released a 2026 preliminary feasibility study for its Santa Cruz Copper Project in Arizona, forecasting first cathode production in 2029.
- Study models initial capital of USD 1.43 billion with life-of-mine C1 cash costs of USD 1.47/lb copper.
- At COMEX copper USD 6.79/lb, after-tax NPV at 8% totals USD 3.5 billion with a 30% IRR.
- Base-case copper price USD 4.75/lb implies after-tax NPV at 8% of USD 1.52 billion with a 18.7% IRR.
- Mine plan targets 75,000 tonnes average annual copper output for the first 15 years using a Robbins tunnel boring machine decline.
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