World Copper LTD (OTC: WCUFF) has identified a substantial copper resource in Arizona, amounting to 7 million tonnes. This revelation was shared by Gordon Neal, President & CEO of World Copper LTD, during an appearance on Benzinga’s All-Access.
The Arizona “Zonia” project, part of World Copper’s portfolio, is set to become a significant domestic source of copper. This is particularly important given the metal's pivotal role in various technology sectors. Copper is essential in electrical components, smartphones, electric vehicles, and solar power systems.
Neal’s announcement highlights the strategic importance of the Zonia project not just for World Copper LTD but for the broader global energy transition. As industries worldwide pivot towards more sustainable energy solutions, the demand for copper is expected to rise sharply. The availability of a vast copper resource within the U.S. can potentially reduce dependence on foreign sources and stabilize supply chains.
In addition to the Arizona site, World Copper LTD also has a proven resource in Chile, thereby reinforcing its position as a key player in the copper market. The company’s focus on oxide copper exploration, development, and production is aligned with the increasing necessity for reliable and sustainable raw materials for the evolving energy landscape.
Benzinga, a leading financial media and data provider, facilitated the dissemination of this critical information, underscoring its role in delivering actionable financial insights to empower investors and traders.
Watch the full interview with Gordon Neal on Benzinga’s YouTube channel to gain further insights into the strategic initiatives of World Copper LTD.
Featured photo by Karim Ghantous on Unsplash.
