Strategic Entry into Peru’s Copper Corridor
On October 21, 2025, Solis Minerals Ltd. announced an earn-in agreement to acquire up to 75% ownership of the Cucho Copper Project in southern Peru. The project, located in the prolific Andahuaylas–Yauri mineral belt, lies near major operations such as Las Bambas and Constancia, placing it within one of the most geologically prospective zones for copper in South America. The deal strengthens Solis’s expansion strategy, adding a high-potential exploration asset to its growing critical minerals portfolio.
Advancing a Tier-One Exploration
Pipeline Under the agreement, Solis will fund staged exploration activities and feasibility studies to progressively increase its ownership stake. The company plans to begin drilling and geophysical mapping in early 2026 to define resource potential and assess economic viability. Executives highlighted that Cucho aligns with Solis’s focus on electrification metals—copper, lithium, and related commodities essential to the global energy transition—and complements its existing projects in Brazil and Chile.
Peru’s Competitive Edge in Copper Development
The Cucho transaction reaffirms Peru’s enduring appeal to global copper investors, despite regulatory complexity and social challenges. As demand for clean-energy infrastructure accelerates, companies like Solis are positioning Peru as a stable and strategic hub within the global copper supply chain. The earn-in model also reflects a trend toward risk-sharing partnerships, allowing exploration firms to advance projects while maintaining financial flexibility amid fluctuating market conditions.