The initial life of mine is 26 years, during which Vizcachitas is expected to produce 8.8 billion lb. copper, 273.3 million lb. molybdenum and 32.7 million oz. silver.
The miner estimates it will spend $1bn per year to bring Woodsmith into production by 2027, both a higher cost and longer timeframe than previously expected.
Exploring copper’s properties as an electrocatalyst has brought scientists one step closer to us turning CO2 into solar fuels through artificial photosynthesis.