Idaho Copper Corporation released an updated Preliminary Economic Assessment (PEA) for its CuMo copper-molybdenum-silver project in Idaho, showing an after-tax net present value (NPV) of $1.88 billion and an internal rate of return (IRR) of 18.5%. The project features a 46-year mine life with a smaller initial plant and ore sorting technology that reduces upfront capital to $1.17 billion and shortens payback to 5.9 years. Average annual production is projected at 41.6 million lbs of copper, 30.5 million lbs of molybdenum, and 1.36 million oz of silver over the first 21 years. The company plans to advance to a Prefeasibility Study in 2027, aiming for completion in 2028, with pilot testing to validate ore sorting at commercial scale.
Idaho Copper's updated Preliminary Economic Assessment highlights an after-tax net present value (NPV) of US$1.88 billion and an 18.5% internal rate of return (IRR). For readers following the Basic Materials sector, here is Pluang's market snapshot as of Oct 14, 2026 19:11 WIB: out of 83 priced US stocks, 41 rose and 39 fell. Notable movers include TECK at USD 65.50 with a 2.49% decline and AU at USD 93.14 with a 1.63% gain and a 97% buy order activity on Pluang.
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