Idaho Copper

What Idaho Copper does

Idaho Copper Corporation (OTC Pink: COPR, expected NYSE American: COPR) is a single-asset U.S. mineral exploration and development company advancing the 2,640-acre CuMo copper-molybdenum-silver project in Boise County, Idaho, approximately 30-35 miles north of Boise. The project comprises 126 federal unpatented lode mining claims and 6 patented mining claims and, per a 2020 Preliminary Economic Assessment, is described as one of the top five undeveloped copper projects in the Americas and likely the largest undeveloped primary molybdenum deposit globally, with measured and indicated resources of approximately 4 billion lbs copper, 1.6 billion lbs molybdenum, and 180 million oz silver. The company was created via a January 2023 reverse merger of International CuMo Mining Corporation (a Multi-Metal Development subsidiary) with U.S. shell company Joway Health Industries Group Inc., and has executed a 1-for-20 reverse split in December 2025 to qualify for an expected NYSE American uplisting in June 2026.

The company's core technical differentiator is the application of MineSense XRF (X-Ray Fluorescence) sensor-based ore sorting technology, validated on samples from all three main geological zones of the CuMo deposit, to separate metal-bearing stockwork veins (which carry approximately 90% of contained metals) from waste rock using bulk, conveyor, and particle sorting stages. This approach has reduced projected mill throughput from 150,000 tpd to 25,000-30,000 tpd and targeted capital cost from approximately $3.1B to under $1B, with a projected 28+ year mine life. The project has received U.S. Forest Service approval (March 2025) for its Exploration Plan of Operations but faces ongoing litigation from NGOs (filed June 2025) seeking to overturn the Finding of No Significant Impact.

Idaho Copper is pre-revenue, reporting $0 revenue and a $3.08M net loss for the fiscal year ending January 2026, with planned future revenue from sale of copper, molybdenum, silver, tungsten, and rhenium concentrates into U.S. defense, clean energy, EV, grid, and AI data center supply chains. The current business model is capital markets-driven: the company has raised approximately $5M via Regulation D and convertible note offerings (2024-2026) led by placement agent ThinkEquity LLC, with a $15M IPO planned at a $115M fully diluted valuation in conjunction with the NYSE American uplisting. The company has 11-50 employees, is headquartered in Boise, Idaho, and is led by CEO Andrew Brodkey, CFO Robert Scannell, and Director Steven Rudofsky.

Name

Idaho Copper

Legal name

Idaho Copper Corporation

Website

https://idaho-copper.com

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Idaho Copper is a U.S. pre-revenue mineral exploration company advancing the CuMo copper-molybdenum-silver project in Idaho, one of the largest undeveloped copper deposits in the Americas and likely the largest undeveloped molybdenum deposit globally, targeting U.S. defense, clean energy, and critical mineral supply chains.

Ownership category

akta.pro rank

Product category

Copper Mining

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230), Other Metal Ore Mining (212290)

SIC

Metal Mining (1000)

akta.pro primary industry

Copper Exploration & Resource Development (IMAKADAA)

akta.pro secondary industries

Copper Ore Mining (Open-Pit & Underground) (IMAKADAB), Copper By-Products Recovery (Molybdenum, Gold/Silver, Sulfuric Acid) (IMAKADAH)

Keywords

• Copper mining
• Molybdenum exploration
• Critical minerals development
• Mineral resource exploration
• Silver deposit development

Headquarters

HQ city

Boise

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Mineral production (future): The company is in the exploration stage and currently generates no revenue. Future revenue will come from the sale of copper, molybdenum, silver, tungsten, and rhenium concentrates produced from the CuMo Project.
2. Equity trading (current): Idaho Copper is a publicly traded company (OTC: COPR, expected NYSE American: COPR) generating no product revenue but accessing public capital markets for project financing.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels8 records

Core offering

Idaho Copper is a mineral exploration and development company advancing the 2,640-acre CuMo copper-molybdenum-silver deposit in Boise County, Idaho. The company is currently in the exploration stage with no revenue, and plans to produce copper, molybdenum, silver, tungsten, and rhenium concentrates from the CuMo Project once developed. The company uses MineSense XRF ore sorting technology to reduce capital costs and mill size requirements.

Product overview

Idaho Copper is a critical minerals developer operating as a single-project company focused on advancing the CuMo copper-molybdenum-silver deposit in Idaho. The company has not yet generated revenue as the project remains in the exploration and development stage. The primary offering is the CuMo Project itself, supported by investor relations materials including corporate presentations and white papers on copper and molybdenum. The company's strategy centers on advancing the project through updated Preliminary Economic Assessment (PEA), drilling programs, and Pre-Feasibility Study (PFS) phases.

Differentiator

Problem solved

Functional benefit

Products and services

• CuMo Project The flagship copper-molybdenum-silver deposit located in Idaho, comprising 2,640 acres with 126 federal unpatented lode mining claims and 6 patented mining claims. The project is one of the largest undeveloped copper deposits in the western hemisphere and is likely the largest undeveloped molybdenum deposit in the world, with planned future production of copper, molybdenum, silver, tungsten, and rhenium concentrates.

Quantifiable outcome

• Capital cost reduction from ~$3.1B to under $1B through ore sorting technology
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• MineSensecoreTechnology or Integration · 19 September 2024MineSense performed XRF scanning testwork and amenability studies on representative samples from the three main geological zones at the CuMo deposit at its Vancouver, BC, Canada facility. Results confirmed that MineSense XRF sensor technology is capable of distinguishing between different copper and molybdenum grades and that CuMo strongly lends itself to ore sorting at the mine face or on belts.
• Multi-Metal Development LtdcoreStrategic or Co-development Partner · 24 January 2023Multi-Metal Development Ltd (TSXV: MLY) (formerly American Cumo Mining Corporation) is the parent company of International CuMo Mining Corporation. Idaho Copper was created through a reverse takeover merger between International CuMo Mining Corporation and Joway Health Industries Group Inc. Multi-Metal remains the major shareholder in Idaho Copper and holds the Bleiberg project in Austria.
• Joway Health Industries Group Inc.coreStrategic or Co-development Partner · 24 January 2023Joway Health Industries Group Inc. (OTC Pink: GTVI) was the U.S. shell corporation that merged with International CuMo Mining Corporation to create Idaho Copper Corporation, enabling access to U.S. capital markets. The company name was changed to Idaho Copper Corporation, with a new trading symbol secured.
• U.S. Forest ServicecoreStrategic or Co-development PartnerThe U.S. Forest Service approved Idaho Copper's 4-year Exploration Plan of Operations in March 2025, issuing a Decision Notice and Finding of No Significant Impact (FONSI). The company works with the USFS to conduct drilling, roadwork, and related activities on federal land within the Boise National Forest.

Scale indicators11 records

Recent moves9 records

Expansion highlights5 records

Emerging players

• Trilogy Metals: Pre-revenue critical minerals developer focused on copper, zinc, and other base metals in Alaska. Comparable single-asset, pre-feasibility stage, and exposure to critical minerals themes.
• Quaterra Resources: U.S.-focused copper exploration company advancing the Arizona Copper project. Similar pre-revenue profile and focus on domestic copper supply for U.S. markets.
• Liberty Gold: Junior mineral developer focused on gold-copper in the western U.S. Similar stage, small headcount, and similar capex profile for advancing a single project through feasibility.

Direct peers

• NGEx Minerals: Pre-revenue copper-gold exploration and development company with large-scale, undeveloped deposits in South America and Europe. Comparable single-project profile, similar stage, and similar capital markets access via TSX.
• Western Copper and Gold: Developer of the Casino copper-gold-molybdenum project in Yukon, Canada. Similar multi-commodity porphyry deposit, pre-revenue stage, and comparable capital cost profile (~C$3-4B).
• Arizona Sonoran Copper: U.S.-based copper developer advancing the Cactus porphyry copper project in Arizona. Similar pre-revenue stage, similar capex profile, and focus on domestic U.S. copper supply.
• Taseko Mines: Copper-focused miner with operating Gibraltar mine and development-stage Florence Copper project. Direct comparable in porphyry copper mining with both operating and development-stage assets.

Broad incumbents

• Hudbay Minerals: Mid-tier copper producer with operating mines and development projects in the Americas. Comparable copper porphyry geology, but with established production and revenue base.
• Lundin Mining: Mid-tier diversified base metals producer with copper, zinc, and nickel operations globally. Comparable exposure to copper markets, though at a much more advanced operating stage.
• Freeport-McMoRan: One of the world's largest publicly traded copper miners with major U.S. operations including Morenci and Bagdad in Arizona. Direct U.S. copper incumbent and key competitor for U.S. copper supply share.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/idahocoppercorp
• YouTubeyoutube.com/@idahocoppercorp
• Facebookfacebook.com/idahocoppercorp
• LinkedInlinkedin.com/company/idahocopper
• Instagraminstagram.com/idahocoppercorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Idaho Copper