Building a Leading Copper Producer with Strong ESG Commitments
ACG Metals’ vision
ACG Metals’ vision is to consolidate the copper industry through a series of roll-up acquisitions targeting copper producers with best-in-class environmental, social and governance (ESG) characteristics. The company’s board and management have extensive M&A experience gained through decades spent at blue-chip multinationals. The team brings a significant network as well as a strong commitment to corporate governance and responsible mining.
The company’s near-term objective is to become a sizeable, low-cost, multi-asset copper producer with strong ESG ratings and institutional backing. ACG Metals is listed on the London Stock Exchange with its common shares trading under the symbol “ACG”.
Building a Leading Copper Producer with Strong ESG Commitments
In September 2024, ACG Metals completed its first acquisition, securing the producing Gediktepe Mine in Balikesir province Türkiye from Lidya Madencilik. As part of the acquisition, ACG Metals entered into strategic partnerships with Lidya Madencilik and its parent company Çalık Holding, one of Türkiye's largest conglomerates.
In November 2024, ACG Metals signed a US$146 million fixed price EPC contract with GAP INSAAT, Çalık Holding's Istanbul headquartered construction subsidiary, to undertake the copper sulphide expansion project at the Gediktepe Mine. The project is fully funded via a US$200 million senior, secured bond issue which was completed in December 2024.
Message from the Founder, Chairman and CEO
ACG Metals is well-positioned to become a leading copper producer on the London Stock Exchange, rapidly building on our strong foundation to capitalize on the growing global demand for copper.
ACG’s expansion plans and commitment to operational excellence position us ideally to quickly react to market opportunities, enhance shareholder value, and solidify our standing in the industry.
Current Operations and Sulphide Expansion
The Gediktepe Mine currently produces gold and silver doré with sales of 57k ounces of gold equivalent in 2024. Construction of the fully-funded, fixed-price EPC copper sulphide expansion project commenced in November 2024.
Once completed, the expanded Gediktepe Mine is scheduled to transition from gold and silver doré to production of copper and zinc concentrate in the first quarter of 2026.
The company is targeting production of up to 25 thousand tonnes copper equivalent at first quartile all-in sustaining costs over an initial 11-year life.
Institutional Support and Shareholder Base
In addition to its strong board and management team, ACG Metals’ shareholder registry includes:
Financial Strength and Growth Ambitions
Given ACG's strong cash flow generation from current operations at the Gediktepe Mine and the fully-funded, fixed price turnkey EPC contract for the sulphide expansion project, the company is positioned to maintain a strong financial position and healthy cash balance throughout the construction period.
This will allow ACG Metals’ board and management to continue to build its pipeline of prospective, multi-jurisdictional M&A candidates with the objective of closing additional acquisitions toward securing 200,000-300,000 tonnes of copper equivalent production annually over the next three to five years.
for the next 3-5 years
in the next 3-5 years
