Taseko Mines ( (TSE:TKO) ) has shared an announcement.
Taseko Mines Limited has announced that construction on its Florence Copper project in Arizona is progressing on schedule, with 78% completion as of March 31, 2025. The project is set to begin copper production by the end of 2025, and recent developments include the drilling of production wells and advancements in facility construction. A significant milestone is the authorization to reuse surplus process water for agriculture, enhancing water availability in the area. The project is expected to become a major supplier of copper cathode in the US, benefiting from premium pricing and robust long-term copper market fundamentals.
More about Taseko Mines
Taseko Mines Limited is a mining company focused on the extraction and production of copper. The company operates in the mining industry and is engaged in developing the Florence Copper project in Florence, Arizona, which aims to produce copper cathode for the US market.
YTD Price Performance: 6.00%
Average Trading Volume: 11,490,779
Technical Sentiment Signal: Sell
Current Market Cap: $668.6M
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