This is one of Fortescue's strategic investments. The company hold's a 30.96% shareholder interest in Alta Copper. They're targeting a potential tier 1 copper mine in Peru'. Optimized PEA studies out on or before May 15, 2024. Highly recommend watching the new video update below.
"Cañariaco is one of the largest copper deposits in the Americas not held by a major."
https://altacopper.com/news-releases/news-releases/2024/alta-copper-delivers-a-new-geological-model-provides-update-on-the-optimized-pea-drill-permit-and-community-relations/
Alta Copper, page-2
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