Name of the Project
Resolution copper mining (RCM) project.

Location
Arizona, in the US.

Project Owner/s
Resolution Copper Mining, owned by Resolution Copper Company (55%), a subsidiary of Rio Tinto, and BHP Copper (45%), a subsidiary of BHP.

Project Description
Resolution is one of the most significant undeveloped copper deposits in the world.

When fully operational, the project has the potential to supply nearly 25% of the US’ copper demand.

Potential Job Creation
The project is expected to create several thousand direct and indirect jobs in the Pioneer mining district of Arizona.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Funding for the project is proportional among the project partners.

Planned Start/End Date
BHP reported in January 2021 that any mine construction is expected to be several years away and will be subject to additional regulatory and government approvals, as well as stakeholder consultation, including with the relevant Native American tribes, to obtain consent.

Latest Developments
The US Court of Appeals for the Ninth Circuit denied Apache Stronghold's attempt to stop the land exchange between Resolution Copper and the federal government in March 2024.

Apache Stronghold has submitted an application to the court to rehear the case.

Rio Tinto continues to progress the final environmental-impact statement with the United States Forest Service, but they have yet to advise on the date of republication.

Rio has also advanced partnership discussions with federally recognised Native American Tribes who are part of the formal consultation process. Rio has said that while there is significant local support for the project, it respects the views of groups who oppose it and will continue its efforts to address and mitigate concerns.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Resolution Copper Mining, tel +1520689 9374 or email info@resolutioncopper.com.
Resolution Copper Mining project information line, tel +1520689 3409.