CoTec Partners With Battery Mineral Resources to Explore Copper Output Growth at Punitaqui
Bitget2026/10/15 11:01- CoTec Holdings signed a nonbinding framework agreement with Battery Mineral Resources on October 15, 2026, for a potential copper joint venture.
- The proposed venture would use CoTec-sourced technologies to increase copper production from lower-grade mineralization and tailings at Punitaqui in Chile.
- Each partner would receive 50% of incremental production and value from technology applications and qualifying new development opportunities.
- Battery Mineral Resources would retain 100% ownership and economic benefits of existing Punitaqui operations under an agreed baseline.
- Definitive agreements would follow technical and economic evaluations; CoTec is expected to fund approved third-party assessment and testing costs.
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