Rockstone Research highlights the copper sector & IMCX Are you overlooking the potential of the copper sector? EVs, which require 3 to 10 times more copper than traditional vehicles, are projected to account for half of all new vehicle sales by 2030. To meet this demand copper production will have to greatly increase. For those looking to get into the copper market, Interra Copper (IMCX.c or IMIMF for US investors) is a high-potential copper jr that is worth considering.
Rockstone Research recently published a report commending IMCX for its leadership, structure, and strategically positioned projects.
The report highlights IMCX's successful acquisition of Alto Verde Copper, which was accomplished through an all-share transaction and generated net proceeds of $2.89 million. This acquisition has granted IMCX control over the Tres Marias, Pitbull and Zenaida projects which are situated within Chile's renowned Copper Porphyry Belt. This copper belt is where the majority of the Chile's copper mines are located.
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Alto Verde Copper's ability to acquire these assets from a subsidiary of Freeport-McMoRan Inc., a company with a current market capitalization of $58 billion USD, is attributed to its esteemed management team, which comprises experienced industry professionals.
The management and board of directors of both IMCX and Alto Verde have merged to form a robust leadership team that will drive the company's growth in the next phase.
Read the full Rockstone Research report here: https://www.rockstone-research.com/images/PDF/InterraCopper1en.pdf Posted on behalf of Interra Copper Corp