Ivanhoe Electric & BHP announced today a JV, 50/50 to explore for COPPER and critical metals in the SW. USA. Initial areas will be Arizona, New Mexico & Utah. The JV will be using TYPOON & CGI and Al to detect for deposits that are deeper [see their chart].
Also, in the news is the White House Official naming "Chile, Peru, Ecuador, Mexico, Congo, Zambia, DRC and Angola with different risk profiles and that "WESTERN FINANCE has basically said we will not be able to ABSORB the risk."
https://twitter.com/ivanhoeelectric https://twitter.com/robert_ivanhoe [Both of the above just came out on 8.5.24]
Industry news - it has been in all the news about COPPER supply deficit. AUSTRALIA will now be in the Tier 1 mix of jurisdictions.
RCR Price at posting:
7.7¢ Sentiment: None Disclosure: Held
