BWA | JUL | 2026

BWA | JUL 2026 129 29Metals has a straightforward strategic identity: it is a copper-focused mining company with exposure to metals tied closely to electrification and the energy transition. The company says it explores for, develops and produces base and precious metals through a portfolio anchored by Golden Grove in Western Australia and Capricorn Copper in Queensland, with additional exploration interests around both operations and a strategic foothold in Chile through Redhill. That portfolio gives the business both operating depth and optionality. Golden Grove remains the company’s producing cornerstone, Capricorn Copper remains a high-grade copper-andsilver asset despite its suspended status, and Redhill provides longer-dated exploration exposure in the world’s largest copperproducing nation. This is not a single-mine story; it is a company trying to reset around a stronger mix of producing assets and organic growth pathways.

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