Freeport Repurchases 1.5% Royalty as Discussions Continue with Strategic Partners for Yandera Copper Project, One of the World’s Largest Undeveloped Copper Projects

Freeport Resources completes repurchase of the outstanding 1.5% Royalty which arose from the acquisition of the Yandera Copper Project in Papua New Guinea.The royalty buyback enhances project value and bolsters ongoing discussions with strategic partners to advance Freeport Resources’ 100%-Owned Yandera Project. Copper prices are at record highs as demand for copper undergoes an unprecedented structural change driven by the global energy transition.Proximity to Asia, the world’s largest copper…

Source: https://www.newsfilecorp.com/release/319973/Freeport-Repurchases-1.5-Royalty-as-Discussions-Continue-with-Strategic-Partners-for-Yandera-Copper-Project-One-of-the-Worlds-Largest-Undeveloped-Copper-Projects