Taseko Mines Up in US Pre-Market After Saying Construction at Florence Copper Project in Arizona Remains on Track

MT Newswires10-21

Taseko Mines (TKO.TO) said Monday that it continues to progress construction of the Florence copper project in Arizona. The company said the project is approaching 40% completion, with first copper ...

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Taseko said it applied to the US Energy Department's Qualifying Advanced Energy Project Credit Program, noting that Florence qualifies as a critical materials project.\"We have now filed the application seeking a tax credit of up to US$110 million, and we expect to hear whether Florence qualifies for the credit, or not, in January 2025,\" McDonald said.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4015":"铜","TGB":"Taseko Mines"},"translate_title":"Taseko表示亚利桑那州Florence铜矿项目建设仍按计划进行，在美国盘前开采","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TGB":1},"content_text":"Taseko Mines (TKO.TO) said Monday that it continues to progress construction of the Florence copper project in Arizona.\n\n The company said the project is approaching 40% completion, with first copper production still scheduled in the fourth quarter 2025.\n\n Taseko's share price rose 1.3% at last look to US$2.42 in NYSE American trading following the news. \n\n \"We are pleased with progress through the first nine months of construction,\" President and CEO Stuart McDonald said. \"With approximately 75% of total construction costs now committed, we expect total costs to be within 10-15% of the original US$232 million estimate.\"\n\n Taseko said it applied to the US Energy Department's Qualifying Advanced Energy Project Credit Program, noting that Florence qualifies as a critical materials project. \n\n \"We have now filed the application seeking a tax credit of up to US$110 million, and we expect to hear whether Florence qualifies for the credit, or not, in January 2025,\" McDonald said.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2477868178"}