Global Critical Resources Launches to Meet Growing Demand for Essential Minerals

Executive Chairman Cevdet Caner and Chief Executive Officer Richard Bunning announced the formation of Global Critical Resources Corporation, a U.S. registered company operating Minera Tres Valles copper mine in Chile and Tataki Mine nickel, cobalt, and platinum group metal asset in Botswana. Mr. Caner’s investment company, NIU Invest, contributed both mining operations to GCR Group, which is headquartered in the United States. The company focuses on meeting the world’s rapidly growing demand for resources essential to advanced technologies, electric vehicles, and renewable energy.

GCR Group’s team of seasoned professionals brings decades of experience to mining critical minerals, leveraging knowledge of political risk, complex transactions, operations, and advanced technology to seek investment opportunities and create value. CEO Richard Bunning stated that instead of building from scratch, the company revitalizes high-potential assets, turning them into efficient, future-ready operations. The company operates with the highest environmental, social, and governance standards to responsibly deliver the critical resources the world needs.

Minera Tres Valles is a copper mining and refining complex located near Salamanca in Coquimbo, Chile, featuring an advanced underground mine utilizing Incline Block Caving for extraction and an open-pit mine planned for development within three years. The facility constitutes 8.2 million tons of proven and probable reserves which, when combined with processing of third-party ores, will yield potential revenues of USD 1.3–1.5 billion at current copper prices. MTV produces Grade-A 99.999% pure electrolytic copper cathodes among the highest quality in the market, with 5,000 tons to be produced in the first year of GCR Group’s ownership.

The integrated plant includes cutting-edge and environmentally friendly crushing, leaching, and SX/EW processing capabilities, capable of processing 180,000 tons of ore per month and producing 18,500 tons of high-quality Grade-A copper cathodes per month. MTV has a state-of-the-art, fully integrated processing plant and benefits from being the only such facility within a 200km radius. Sebastián Cortés, CEO of MTV, expressed excitement about joining the GCR Group family and growing alongside the communities of Choapa Province while preserving the environment.

Tataki Mine is a polymetallic mine in the North-East district of Botswana, near the Zimbabwe border, containing one of the country’s largest reserves of nickel, copper, cobalt, and platinum group metals. After reopening under GCR Group, Tataki will produce a variety of metals and hydroxide salts widely traded internationally, including nickel and cobalt hydroxide precipitates, copper cathodes, metal bars for platinoids, and precious metals. Chief Operating Officer Lukasz Abramowicz stated plans to invest further capital to develop and expand mining operations, with Tataki expected to generate over USD 4.2 billion in revenue over the next decade and contribute a 1.5% increase in annual GDP to Botswana.

GCR Group will continue to expand its portfolio by acquiring and investing in mining assets globally, with a focus on copper, cobalt, and other critical minerals. NIU Invest maintains its strategic partnership in mining with GCR Group across key jurisdictions and asset classes while sustaining momentum as a leading player in real estate, technology, and capital markets. The formation of Global Critical Resources represents a significant step in securing crucial supply chains and accelerating development in communities endowed with these essential resources.