Business · Energy & Commodities · 1 hr ago
ASX copper companies advance projects in Australia and Québec
Copper is used in power grids, electric vehicles, renewable energy systems and data centres, and demand is expected to grow.
Three ASX-listed companies advanced copper projects in Australia and Québec during the September quarter.
CuFe is studying its Tennant Creek copper-gold-bismuth project in the Northern Territory, where two deposits have a combined resource of 23.5 million tonnes.
CuFe agreed to acquire the remaining 45% of the project, but the deal still needs due diligence, shareholder approval and other conditions to be met.
GreenTech Metals drilled at its Whundo project in Western Australia, where a result extended the known mineralised area beyond the existing resource.
GreenTech expects more drilling results and an updated resource in December, while Pivotal Metals released an initial scoping study for its Horden Lake copper project in Québec.
These studies and drilling results help companies assess the size and development potential of deposits, but the projects are still at study and exploration stages.
ASX-listed CuFe, GreenTech Metals and Pivotal Metals are advancing copper projects in Australia and Québec.
CuFe is studying the Orlando and Gecko deposits at its Tennant Creek project in the Northern Territory.
GreenTech is drilling to expand resources at its Whundo project in Western Australia.
Pivotal released a maiden scoping study for its Horden Lake project in Québec.
Growing demand and supply concerns are renewing interest in copper developments.
- Who
- ASX-listed CuFe, GreenTech Metals and Pivotal Metals.
- What
- They are advancing copper projects through studies, drilling and resource work.
- When
- The work was reported in a quarterly wrap published on 4 November 2026.
- Where
- Projects include Tennant Creek and West Pilbara in Australia, and Horden Lake in Québec.
- Why
- Growing demand for copper and concerns about supply are fuelling interest in new developments.
This story does not have two clearly opposing sides.
CuFe worked on a scoping study for the Orlando and Gecko deposits at Tennant Creek.
GreenTech drilled at Whundo, and Pivotal released a maiden scoping study for Horden Lake.
CuFe started a 20,100m drilling program at Tennant Creek.
GreenTech expected assays from 11 Whundo diamond holes and targeted an updated resource.
- CuFe Tennant Creek resource
- 23.5Mt at 1.73% copper and 0.72g/t gold
- CuFe drilling program
- 20,100m
- GreenTech Whundo resource
- 6.2Mt at 1.12% copper and 1.04% zinc
- Whundo Ayshia intersection
- 4.8m at 7.1% copper from 367m
- Pivotal Horden Lake resource
- 52.4Mt at 1.05% copper equivalent
- Horden Lake contained copper equivalent
- 549,000t