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- Copper World
Copper World Valuation, Funding & Investors
Copper World is valued at $3.9B as of August 2025.
Last Copper World valuation
$3.9B
Secondary · Aug 2025
Key investors in Copper World
Copper World Overview
About Copper World
Copper World is an Arizona-based developer of the Copper World Project near Dudleyville. The open-pit mine targets 44 million tonnes of ore grading 0.54 percent copper, producing 400 million pounds annually via flotation and oxide leaching. Feasibility studies completed in 2022 support a 22-year mine life.
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$3.9B (Aug 2025)
Sectors
Copper World Valuation
Copper World is currently valued at $3.9B, based on its secondary sale in August 2025.
The $420M round was led by Mitsubishi.
Copper World valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2025 | Secondary | $3.9B |
Copper World Funding History
Copper World has 1 recorded secondary share sale and no primary funding rounds.
Copper World funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2025 | Secondary | Mitsubishi (lead) | $420M | $3.9B | Mitsubishi Corporation acquired a 30% joint venture interest in Copper World, a copper-molybdenum-silver mining project located in Tucson, Arizona, from Hudbay Minerals Inc. for $600 million, with $420 million contributed at closing on January 9, 2026, and $180 million to be contributed within 18 months. The transaction valued the 100% project at approximately $1.16 billion based on analyst consensus net asset value estimates as of August 2025. Copper World is a fully permitted greenfield copper mine project with ore reserves of 2 million tonnes and a resource estimate of 5 million tonnes, expected to commence production around 2029. Phase 1 is projected to generate approximately 100,000 tonnes of annual copper production at peak with a 20-year mine life. On a 100% basis using a copper price of $3.75 per pound, the pre-feasibility study projects an after-tax net present value of $1.1 billion and an internal rate of return of 19%. Mitsubishi will also fund its pro-rata 30% share of future equity capital contributions required to construct the project, with total Phase 1 capital costs estimated at $1.3 billion. The deal increased Hudbay's levered project internal rate of return to approximately 90% and reduced the company's estimated remaining capital contribution to approximately $200 million, with capital contributions deferred until 2028 at the earliest. |
Who has invested in Copper World?
1 investor has backed Copper World across its funding rounds, including Mitsubishi.
Lead investors include Mitsubishi.
Copper World Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Copper World investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialCopper World Competitors
Copper World competitors include listed companies like Core Natural Resources, Shyam Metalics and Energy, Grupo Simec and Skeena Resources, and private ones like Alcoa Saudi Arabia and KoBold Metals.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $4.2B | $402M | $3.9B | 0.9x | ||
| Publicly listed | $2B | $252M | $3.8B | 1.7x | ||
| Publicly listed | $1.6B | $146M | $3.9B | - | ||
| Publicly listed | - | ($127M) | $3.9B | 72671.4x | ||
| Private | - | - | $4.4B | - | ||
| Private | - | - | $3B | - |
Copper World Public Comps
Copper World is still privately-owned, but its public comps include Core Natural Resources, Shyam Metalics and Energy, Grupo Simec, Skeena Resources, Chuangxin Industries Holdings, Industrias CH, Aya Gold & Silver, Westgold Resources, Erdemir and Acerinox.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.2B | $402M | 0.9x | 0.9x | 9.7x | 4.5x | |||
| $2B | $252M | 2.1x | 1.7x | 16.2x | 13.1x | |||
| $1.6B | $146M | 1.4x | - | 15.9x | - | |||
| - | ($127M) | - | 72671.4x | (36.1x) | (58.1x) | |||
| $2.8B | $766M | 2.0x | - | 7.3x | - | |||
| $1.8B | $142M | 1.6x | 1.6x | 19.8x | 7.3x | |||
| $202M | $99M | 17.8x | 8.9x | 36.3x | 14.0x | |||
| $1.7B | $681M | 1.9x | 1.9x | 4.8x | 4.0x | |||
This data is available for Pro users. Sign up to see all Copper World competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Copper World
| Where is Copper World headquartered? | Copper World is headquartered in Tucson, AZ, United States. |
| Is Copper World publicly listed? | No, Copper World is a private, VC-backed company. |
| What is Copper World's valuation? | Copper World was last valued at $3.9B in its secondary sale in August 2025. |
| Who are Copper World's investors? | Copper World's investors include Mitsubishi. |
| Which companies are comparable to Copper World? | Companies comparable to Copper World include Core Natural Resources, Shyam Metalics and Energy, Grupo Simec, Skeena Resources, Alcoa Saudi Arabia and KoBold Metals. |
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