Arizona Sonoran Copper Aims To Restart Cactus Mine -
According to the October 2025 Pre-Feasibility Study (PFS), the Cactus Project is envisioned as a long-life, low-cost operation with the following key highlights:
Features an after-tax Net Present Value (NPV) of US$2.3 billion and an Internal Rate of Return (IRR) of 22.8% based on a copper price of $4.25/lb. Arizona Sonoran Copper aims to restart Cactus mine
Community polling indicates 87% favorability for the mine's restart in Pinal County. Major industry players such as Hudbay Minerals , Royal Gold , and Rio Tinto's Nuton have already made strategic investments. According to the October 2025 Pre-Feasibility Study (PFS),
Anticipated completion of the Definitive Feasibility Study (DFS) and receipt of major permit amendments (including Aquifer Protection and Industrial Air permits). Q4 2026: Target for a Final Investment Decision (FID) . 2027: Expected initiation of mine construction. The project benefits from its status as a
The project benefits from its status as a former producing mine, with existing onsite water access, nearby highways, and rail lines.
Located on privately held land, the project bypasses federal nexus, allowing for a more streamlined, state-led permitting process.
Targeted output of 113,000 short tons of copper cathode annually for the first 10 years. Mine Life: Expected to operate for 22 years .