The EU has designated copper and nickel as strategic metals to ensure speedier permits and easier access to capital, further validating the significant opportunity that is arising in the sector.
A junior copper pick to consider is Interra Copper (IMCX. IMIMF) as they recently announced the signing of a definitive business combination agreement with Alto Verde Copper to acquire all issues and outstanding shares.
This is an important transaction as Alto Verde has a significant land package totaling 16,250 hectares with 3 highly prospective exploration assets on the Chilean copper belt.
Notably, the properties are in close proximity to several of the world's largest mines, including Antofagasta Minerals (ANTO), the largest copper mining company & largest mining company in the world BHP Billiton (BHP BHP.ax), Glencore (GLEN), and the second largest mining company in the world Freeport-McMoRan (FCX)
IMCX News Release: https://www.thenewswire.com/press-releases/1kVGFO8aG-interra-copper-and-alto-verde-copper-sign-definitive-agreement-for-business-combination.html
EU Copper Designation: https://www.mining.com/web/eu-tags-copper-and-nickel-as-strategic-but-industry-wants-more/
Posted on behalf of Interra Copper Corp