ASCU’s $2.3B Cactus Mine Casa Grande Targets 2029 Production Start

Key Points
Key Points
Production Start: Targeting 2029 for first copper output.
Project Value: Estimated at $2.3 billion with 22 years of operation producing 100,000 tons of copper cathode annually.
Jobs & Impact: 600+ direct jobs. Economic projections include approximately $15B in activity over 31 years (per 2024 study, to be updated) and $2.3–3B+ in tax revenue over 22 years (per 2025 study).
Major Investors: Hudbay, Royal Gold, and Rio Tinto’s Nuton hold stakes.
Permitting: On private land with late 2026 construction decision expected.
Public Support: 87% approval in company-commissioned community surveys.
Education Funds: State royalties may yield $115M+ for K–12 schools in 10 years.

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