Jan. 6 at 9:26 PM
$TGB Taseko Mines plans to almost double its copper production, primarily through its new low-cost Florence Copper Project in Arizona, which will add around 85 million pounds of copper cathode annually once fully operational, supplementing its existing Gibraltar mine. This expansion leverages In-Situ Recovery (ISR) technology for pure copper production, significantly boosting cash flow and expanding Taseko's portfolio as a multi-asset copper producer, with commercial production at Florence expected soon.
Key Details
Florence Copper Project: Located in Arizona, this project uses ISR technology to produce high-purity copper cathode, a key differentiator from Gibraltar's concentrate.
Production Boost: Florence is projected to add approximately 85 million pounds of copper per year, significantly increasing Taseko's total output.
