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Copper Cathode Florence |
Taseko targets Florence Copper first cathode by the end of 2025. The company says construction is over 90pc complete. It expects commercial operations in just a few months. Higher prices strengthen the economics of Florence Copper first cathode production. Investors now track Florence Copper first cathode milestones closely.
Project timeline and economics
Taseko expects the plant to produce 85mn lbs/yr of copper cathode at capacity. The Arizona site advances toward mechanical completion and commissioning. As a result, management argues near-term cash flows look robust. The guidance aligns with its build schedule and procurement cadence.
Market context and tariff tailwinds
Copper rallied to a record $5.72/lb on the CME this week. Meanwhile, planned US tariffs of 50pc on copper imports start 1 August. Taseko believes those tariffs will “further boost” project value. Therefore, domestic cathode should capture stronger realized pricing.
The Metalnomist Commentary
Domestic cathode adds resilience to US supply at a pivotal moment. If execution holds, Florence could monetize today’s price strength. Watch tariff policy and commissioning performance for the next leg of value creation.
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