Idaho Copper Announces Updated PEA for CuMo Project with $1.88B NPV

Key Facts

1Idaho Copper announced an updated PEA for the CuMo project with an after-tax NPV of $1.88 billion.

2The project's IRR is estimated at 18.5% with a projected mine life of 46 years.

Idaho Copper announced an updated Preliminary Economic Assessment (PEA) for its 100%-owned CuMo copper-molybdenum-silver project, showing an after-tax net present value (NPV) of $1.88 billion. According to a company statement released via GlobeNewswire, the project's internal rate of return (IRR) is estimated at 18.5% with a projected mine life of 46 years.

The updated study supersedes the 2020 PEA to reflect current economic conditions and project optimizations at the Idaho-based site. In equity markets, COPR closed at $3.15 on October 13, 2026, having reached a session high of $3.41.