StreetwiseReports on LBC's Anglo Asian partnership Libero Copper (LBC.v LBCMF) has partnered with Anglo Asian Mining, LBC's largest shareholder, for the initial design, engineering, and financial modelling of the Mocoa Porphyry Copper-Molybdenum deposit in Colombia!
Anglo is an experienced project developer, mine builder, operator, and explorer bringing a proven team with expertise in mine design, planning, metallurgy, geology, environmental management, and social engagement.
With a focus on low-impact mining methods and other innovations to minimize the projects environmental footprint, "A key objective of the design is maximizing production chain development in Putumayo through a secure, long-term supply of copper for national green industries, in line with the Colombian government's commitment to industrialization, tackling climate change, and transitioning toward sustainable industries,"
The design of Mocoa is focused on value creation for the project by ensuring a reliable and sustainable supply of locally produced copper-based components for Colombia's green industries.
This is a significant milestone for LBC as the Mocoa deposit's inferred resource containing over 2 million tonnes of copper is an integral part of the success of Colombia's Green Route Alliance given the surging demand for copper in the renewable energy and electric vehicle industries.
For more information on this partnership, LBC and Colombia's transition, check out this deep dive from Streetwise Reports: https://www.streetwisereports.com/article/2023/05/10/copper-co-partners-with-major-on-colombia-projects-design.html