Freeport Resources (TSE:FRI) has released an update.
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Freeport Resources has initiated an internal optimization review for its Yandera Copper Project, targeting economic enhancements through cutting-edge direct sulphide leaching technologies, which could significantly reduce capital and operational expenses. Amid a backdrop of surging copper prices and a pressing demand for the metal due to the global energy transition, the company sees the Yandera Project as a strategically positioned asset to supply copper to Asia, the world’s top consumer and refiner of the commodity.
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