Los Andes Copper Ltd.

Analysis conducted during Los Andes Copper's pre-feasibility study indicates that for every 25 cent movement in the long-term #copper price, the post-tax net present value of #Vizcachitas moves by $520 million - showcasing the value of the project and #LosAndesCopper as an investment.

According to the International Copper Association, 83kg of copper is required to produce each electric vehicle, with the metal heavily featuring in batteries, wiring & electric motors. #LA's Vizcachitas mine has the potential to become a significant #copper producer, helping to meet growing EV demand.

Why #LosAndesCopper? 100%-owned by #LA, #Vizcachitas is one of the largest #copper assets in Latin America not owned by a major mining company.

The expected payback period of the #Vizcachitas project is only two-and-a-half years from initial production. #LosAndesCopper

Results from Los Andes Copper's 2023 PFS demonstrate that Vizcachitas' Proven & Probable Reserves amount to 1.22 billion tonnes at a copper equivalent grade of 0.41%. Measured & Indicated Resources amount to 1.54 billion tonnes at a copper equivalent grade of 0.44%.

#DidYouKnow that #Chile is by far the largest #copper producing country in the world, yielding 5 million tonnes per annum (Source: Statista)? #LosAndesCopper

The Los Andes Copper team recently attended LME Week in London, where the global metals community highlighted #copper as the ‘top prospect’. Following a week of positive conversations, #LA has shared its key takeaways from the event. Read here ➡️ https://ow.ly/WlEy50TLxGi

"Without deploying heat pumps running on renewable energy, it will be impossible to reduce carbon emissions to the level needed" (International Copper Association). The most efficient heat pump technology uses copper tubing to transfer heat to or from the conditioned space. #LosAndesCopper

According to Wood Mackenzie, #copper demand will rise by 75% to 56 million tonnes by 2050, with nearly $85bn in investment required to reduce reliance on China. #LosAndesCopper's 100% owned Vizcachitas project is primed to aid copper supply and help meet forecast demand.

According to a report published by IEF - International Energy Forum, the number of copper mines, globally, would need to increase by 55% to meet electrification transition goals. Vizcachitas is set to become a major copper mine that can aid the advancement of new technologies.