Cobre Targets 20,000 Tonne Annual Copper Output as Production Focus Shifts

Cobre (ASX:CBE), an Australian copper explorer and early-stage producer, has made significant strides in its transition from exploration to production. The company's operations in Chile have been scaled up towards a targeted annualised production rate of 20,000-25,000 tonnes at the Sierra Atacama mine.

Botswana projects continue to progress through partner-funded exploration activities, including drilling and testing at the Ngami Copper Project. Cobre is advancing in-situ copper recovery (ISCR) technology at this site.

The company's transformation from an explorer to a producer has attracted investor attention, with copper demand supported by electrification and infrastructure themes.