Demand for copper is forecasted to be heavier each year over the medium to long-term due to the AI and datacenter explosion as well as the electrification of everything including electric vehicles, energy infrastructure projects servicing a growing population and renewable energy technologies.

On the supply side, a deficit is forecast in the coming years due to declining production, an absence of new mines coming on stream, the deteriorating quality of new resources and a lack of large-scale exploration successes to replace depleting existing copper reserves.

Blue Sun's management team believes the CDA Mine has the potential to become one of the most significant open-pit copper oxide deposits discovered in Mexico in recent times, and as it advances towards development the Project will benefit from these positive supply fundamentals.