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Cobre signs ENAMI agreement for Sierra Atacama feed

Cobre signs ENAMI agreement for Sierra Atacama feed

The company said the ENAMI stockpile material is already crushed and is located within 55 kilometres by road of Sierra Atacama. Cobre plans to transport about 30,000 tonnes a month and blend it with ore from its underground mining operations.

Metallurgical column leach testwork on the ENAMI material returned 58% copper recovery and laboratory acid consumption of about 45 kilograms per tonne, according to Cobre. For industrial-scale planning, the company is applying a more conservative recovery assumption of about 50%.

Cobre has also begun a staged assessment of historical leach pads, with early surface-irrigation trials generating copper-rich pregnant leach solution. The company intends to optimise irrigation and solution chemistry before assessing further recovery methods, including injection leaching, during the December 2026 quarter.

Source: Download CBE official ASX announcement, 2026-10-21.

Photograph of irrigation on a historical stacked leach pad, from Cobre's 21 October 2026 company announcement.