Amerigo, through its 100% owned MVC operation in Chile, produces copper and molybdenum (as a by-product) from the waste material of the world’s largest underground copper mine, Codelco’s El Teniente mine. By recovering this copper, Amerigo eliminates the world’s need for a midsized copper mine. Since 1992, Amerigo’s simple and proven technology (similar to a wastewater treatment plant) has produced 900 million pounds of copper.
Amerigo provides investors with full exposure to copper prices, proven ESG strengths, and a simple business model with predictable operations and cash flow. Because current investment requirements are low, Amerigo is committed to returning capital to shareholders through quarterly dividends, share buybacks, and performance dividends.