Revolver Resources Holdings has announced the execution of a Memorandum of Understanding (MoU) with the China Copper Industry Investment Alliance (CCIIA) for the complete offtake of copper cathode production from the Dianne Copper Mine. This agreement sets the stage for Revolver to source and supply additional copper cathode products and includes provisions for development and working capital funding.
The MoU establishes a non-dilutive commercial pathway to finance the restart of production at the Dianne Copper Mine, aiming to achieve a targeted Final Investment Decision (FID) in the second half of 2024. Revolver and CCIIA will collaborate to assess the technical and commercial feasibility of copper cathode delivery and work towards finalizing sales agreements.
Revolver Resources sees this partnership as a significant step forward in advancing its operational capabilities and ensuring a steady supply of copper cathode to meet growing demand. 
