RE: Oh well...14 Nov 2025 22:43
IrishLemon.
Rio Tinto holds multiple Exclusive Prospecting Licences (EPLs) in Namibia (Khomas and Omaheke regions), covering a very large area (~800,000 hectares).
The Extractor Magazine
β These licences are S the Kalahari Copper a Belt, which is increasingly attractive thanks to its copper potential.
The Extractor Magazine
β There's a joint venture with a Namibian company, Kuiseb Copper Company (KCC), specifically on some EPLs (e.., EPL 7532) for copper, rare metals, and possibly precious metals. The Extractor Magazine
β¦ Environmental work is underway: for instance, EPL 7532 is going through environmental clearance. TheExtractorMagazine
2. Strategic Re-Entry, Not Just Opportunistic
β According to sources, the pattern of their licence acquisition suggests it's a deliberate, strategic push, not just small-scale or speculative exploration,
Rio Tinto holds multiple Exclusive Prospecting Licences (EPLs) in Namibia (Khomas and Omaheke regions), covering a very large area (~800,000 hectares).
The Extractor Magazine
β These licences are S the Kalahari Copper a Belt, which is increasingly attractive thanks to its copper potential.
The Extractor Magazine
β There's a joint venture with a Namibian company, Kuiseb Copper Company (KCC), specifically on some EPLs (e.., EPL 7532) for copper, rare metals, and possibly precious metals. The Extractor Magazine
β¦ Environmental work is underway: for instance, EPL 7532 is going through environmental clearance. TheExtractorMagazine
2. Strategic Re-Entry, Not Just Opportunistic
β According to sources, the pattern of their licence acquisition suggests it's a deliberate, strategic push, not just small-scale or speculative exploration,
Rio Tinto holds multiple Exclusive Prospecting Licences (EPLs) in Namibia (Khomas and Omaheke regions), covering a very large area (~800,000 hectares).
The Extractor Magazine
β These licences are S the Kalahari Copper a Belt, which is increasingly attractive thanks to its copper potential.
The Extractor Magazine
β There's a joint venture with a Namibian company, Kuiseb Copper Company (KCC), specifically on some EPLs (e.., EPL 7532) for copper, rare metals, and possibly precious metals. The Extractor Magazine
β¦ Environmental work is underway: for instance, EPL 7532 is going through environmental clearance. TheExtractorMagazine
2. Strategic Re-Entry, Not Just Opportunistic
β According to sources, the pattern of their licence acquisition suggests it's a deliberate, strategic push, not just small-scale or speculative explorationo This aligns with Rio Tinto's broader global strategy: they're shifting to target more copper (a key energy-transition metal). Some media reports indicate they want to hit ~1 million tonnes of copper/year by
2028.