Arizona Sonoran Copper Aims To Restart Cactus Mine ✦

Anticipated completion of the Definitive Feasibility Study (DFS) and receipt of major permit amendments (including Aquifer Protection and Industrial Air permits). Q4 2026: Target for a Final Investment Decision (FID) . 2027: Expected initiation of mine construction.

Targeted output of 113,000 short tons of copper cathode annually for the first 10 years. Mine Life: Expected to operate for 22 years .

Target for the first sustainable cathode production . Strategic Advantages Arizona Sonoran Copper aims to restart Cactus mine

According to the October 2025 Pre-Feasibility Study (PFS), the Cactus Project is envisioned as a long-life, low-cost operation with the following key highlights:

Arizona Sonoran Copper Company (ASCU) is actively working to restart the (the former ASARCO Sacaton Mine), located just outside of Casa Grande, Arizona . The project aims to transform this brownfield site into one of the largest copper cathode producers in the United States. Project Overview and Economics Targeted output of 113,000 short tons of copper

Community polling indicates 87% favorability for the mine's restart in Pinal County. Major industry players such as Hudbay Minerals , Royal Gold , and Rio Tinto's Nuton have already made strategic investments.

The project benefits from its status as a former producing mine, with existing onsite water access, nearby highways, and rail lines. with existing onsite water access

Features an after-tax Net Present Value (NPV) of US$2.3 billion and an Internal Rate of Return (IRR) of 22.8% based on a copper price of $4.25/lb.