
Strength beneath
the surface

The copper age is here, and Anthem is built to lead it.

Copper
built the
modern
world.
build the
next one
too.
The platform at a glance

Total hectares in district land package
Targeted consolidated run-rate production
historical investment
Years combined district operating horizon across Anthem I and Anthem Open-Pit
Years of drilling and district data
Approximate average copper recovery for Anthem Open-Pit
Employees and growing
Consistently top-ranked global mining jurisdiction







Why copper? Why now?

The supply gap is real
The market is expected to be approximately 2.0 Mt short of copper concentrate by 2035
Average copper head grades are projected to decline 7%, from 0.661% in 2015 to 0.615% by 2030
- New mine supply is falling critically short
EVs use 2.4x more copper than internal combustion engine vehicles
- New discoveries are fewer, deeper, and harder to permit
Modern electricity grids use approximately 5x more copper than the conventional networks they replace

The U.S. challenge is urgent

The U.S. has a four-smelter domestic market, making new American copper concentrate structurally scarce

~56% of notable future copper-supply growth is expected to come from higher-risk jurisdictions
There is no credible energy transition, no national security strategy, and no reindustrialization without reliable domestic copper