Battery Mineral Resources Partners With CoTec to Explore Copper Production Growth at Punitaqui
Bitget2026/10/15 11:07- Battery Mineral Resources entered a nonbinding framework agreement with CoTec on October 15, 2026, to pursue a copper joint venture.
- The proposed venture would use CoTec technologies to increase copper production from lower-grade mineralization and tailings at Punitaqui in Chile.
- BMR would retain 100% ownership and economic benefits of existing operations; each partner would receive 50% of qualifying incremental value.
- CoTec is expected to cover third-party costs for initial assessments and testing it approves.
- Formation of the venture remains subject to technical and economic evaluations and definitive agreements.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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