CoTec signs term sheet with Copper Intelligence for DRC copper tailings joint venture

  • CoTec signed non-binding term sheet to form early-stage exploration joint venture with US-based Copper Intelligence, backed by third-party investment vehicles linked to CEO Julian Treger, Chairman Lucio Genovese.
  • Venture targets processing historical copper tailings in Democratic Republic of Congo, focusing on legacy copper districts in Central African Copperbelt.
  • Framework sets up joint sourcing of tailings opportunities, with asset-by-asset legal and technical due diligence before committing development resources.
  • Plan includes deploying CoTec processing technologies to improve project economics, with potential funding targeted from US International Development Finance Corporation once sufficient scale is reached.
  • Definitive agreements targeted for Q3 2026 or earlier, depending on progress securing targets.


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