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Cobre Secures Majority Stake in Sierra Atacama to Boost Copper Production
10:00am on Monday 31st of August, 2026 AEST
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Mining
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Cobre Secures Majority Stake in Sierra Atacama to Boost Copper Production
10:00am on Monday 31st of August, 2026 AEST
Key Points
Majority ownership secured with 62.86% stake
USD 12 million control option exercised by December 2026
Copper cathode production ramp-up planned for 2027
Exploration upside to extend resource base and mine life
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