Copper is a Critical Component for Development

If the development of the Cactus Mine is completed and production commences, ASCU expects to produce LME Grade A copper in cathode form. Copper is a critical component for development and particularly in the context of powering the renewable energy and electric vehicle sectors in the U.S. and abroad. In addition to traditional demand, there is a growing need for copper in the U.S., given the increased focus on renewable energy. Renewable energy sources such as solar, wind, geothermal, fuel cells and other technologies are all heavily reliant on copper due to its excellent conductivity. All major forms of transportation depend on copper to perform critical functions. Electric vehicles require significant copper supplies for construction. As a copper producer, ASCU will be an active participant in the future of renewable energy.