Cobre LimitedASX: CBE

Cobre Acquires Control of Chile Copper Mine for US$12M

· Issued by Cobre Limited via ASX

Filed with ASX · · 3 pages · English

Summary by 6ix AI

Cobre Limited has announced the acquisition of a controlling interest in the Sierra Atacama copper project, increasing its ownership to a significant level. The transaction involved a cash payment to Minera Salar Blanco SpA, allowing Cobre to appoint additional directors and gain governance control. This strategic move positions Cobre to advance the project's expansion and exploration efforts amid favorable market conditions for copper.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

On 6ix: 6ix.com/news/cobre-acquires-control-of-chile-copper-mine-for-usdollar12m

Release

Cobre Limited A.C.N. 626 241 067 (ASX: CBE, CBEO) Level 10, Kyle House, 27 Macquarie Place SYDNEY NSW 2000 Tel: + 61 407 123 143 www.cobre.com.au 12 October 2026 ASX Limited - Company Announcements Platform COBRE INCREASES ITS SIERRA ATACAMA COPPER PROJECT INTEREST TO...

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