Libero Copper & Gold Corporation (TSXV:LBC) is making strong progress with a “Green Route” collaboration with national universities, communities and local start-up companies in Colombia.
In alignment with Colombia’s development strategy, the partnership has collaborated to create a roadmap called the “Green Route” (la Ruta Verde) to establish a copper supply chain that is sustainable, secure, and traceable.
A primary object is maximizing content in Mocoa and regionally in Putumayo, with intermediate and end-use products for sustainable energy and electric vehicles in Colombia. Copper is a vital component in the manufacturing of electric vehicles, renewable energy infrastructure, and other technologies critical to achieving these goals.
The Green Route plans on starting with recycled copper and is underpinned by the Mocoa Copper & Molybdenum deposit, which is expected to serve as a secure and strategic source of copper for the future while adhering to the highest environmental and social standards.
Currently, Colombia’s only source of metallic copper is through national and imported copper scrap. By pursuing this initiative, the Green Route is also contributing to the Colombian government’s Just & Sustainable Energy Transition and Reindustrialization Policy, which aims to transition to cleaner energy sources and create new green industries to drive economic growth.
The partnership with the Colombian government continues to work towards developing a secure source of copper for a new industry focused on energy transition and electric vehicles.
About the Mocoa Porphyry Copper-Molybdenum Deposit
The Mocoa deposit is located in the department of Putumayo, 10 k from the town of Mocoa. Libero Copper’s district scale holdings cover over 1,000 sq. km encompassing most of the Jurassic porphyry belt in southern Colombia. Mocoa was discovered in 1973 when the United Nations and the Colombian government conducted a regional stream sediment geochemical survey.
For further information please visit: https://www.liberocopper.com/
