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ACG Metals' Turkish mine shows strong upside beyond initial copper output, says Stifel with 18% share price potential.

Market News
01 Sep 2026
Proactive Investors
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Bullish
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Stifel analysts highlight significant growth potential at ACG Metals' Gediktepe mine in Türkiye beyond the first copper concentrate recently produced. The Enriched Ore Project, expected to complete late 2026, is already factored into their positive outlook, with further exploration potentially extending the mine's life. The timing is favorable as copper prices rise, and full production is targeted by the end of 2026. Shares have tripled in the past year and still have an 18% upside to Stifel's 2,450p target price.

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