Faraday Copper releases investor deck outlining Copper Creek growth plan, proposed San Manuel acquisition

BHP Group Ltd Sponsored American Depositary Receipt Repr 2 Shs

BHP Group Ltd Sponsored American Depositary Receipt Repr 2 Shs

BHP

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  • Faraday Copper outlined a proposed acquisition of BHP’s adjacent San Manuel property, structured for BHP to hold 30% equity ownership on closing.
  • The deal would combine San Manuel with the Copper Creek project in Arizona, targeting scale that could support one of the largest U.S. copper producers.
  • The presentation flagged Copper Creek measured and indicated resources of 4.2 billion lb of copper.
  • It highlighted a C$ 100 million financing completed in March 2026, citing participation by the Lundin Family Trust and BHP.
  • Faraday reported a market capitalization of C$ 1.56 billion, cash and cash equivalents of C$ 120.8 million, term deposits of C$ 25.3 million.


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