Ero Announces Inaugural PEA for Furnas, Outlines Low Capital Intensity Project with a 24-Year Initial Mine Life

NodeGuardian · 2026-02-25T04:48:30+00:00

Ero Copper Corp. reported a promising Preliminary Economic Assessment for the Furnas Copper-Gold Project in Brazil, indicating a 24-year mine life, a $2.0 billion after-tax NPV, and a 27.0% after-tax IRR, with initial costs of $1.3 billion.

NodeGuardian

2026-02-25 04:48:30

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Ero Copper Corp. announced the results of its Preliminary Economic Assessment (PEA) for the Furnas Copper-Gold Project in Brazil, revealing a potential 24-year mine life with robust economics. The project is projected to have an after-tax NPV (8%) of $2.0 billion and a 27.0% after-tax IRR, with initial capital expenditures of approximately $1.3 billion. Ero Copper is advancing the project in partnership with Vale Base Metals, with plans to earn a 60% interest.

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