It was called the American administration Copper Highlands (TSX-V:HI) as a contributor to expanding domestic copper supplies, highlighting the Canadian miner’s growing strategic importance.
the to get to know This follows President Donald Trump’s move last week to revise national security tariffs on steel, aluminum and copper imports, reduce duties on derivative products, streamline compliance and address underreporting of import values.
The White House document highlights Hyland alongside her Ivanhoe Electric (TSX, NYSEAMERICAN:IE) Rio Tinto (ASX, LON, NYSE: RIO) and Wieland as part of a broader effort to expand mining, smelting and manufacturing capabilities in the United States.
“I am grateful that the White House has recognized that the Highland Copper District is important for expanding domestic copper mining in the United States,” said Congressman Jack Bergman. “Highland’s Copperwood Project aims to produce copper responsibly in Michigan to help support the U.S. economy and national defense.”
The recognition places the Highland Copperwood project at the center of a broader policy shift to secure domestic supplies of critical minerals, as Washington relies on tariffs and financing tools to reduce reliance on imports and boost industrial resilience.
Highland is progressing Copperwood toward a construction decision, supported by a 2023 feasibility study that pegs a mine life of approximately 11 years with annual production of approximately 64.6 million pounds of copper and 107,000 ounces of silver. The fully permitted project is designed to be an underground chamber and shafts processing approximately 6,800 tons per day.
The US Export-Import Bank has already shown its support with a $250 million letter of interest, covering a significant portion of the project’s initial capital cost of $391 million.
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