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An American company, built to close the copper gap.

Company Overview
Falcon Copper Corp.
Exploration Projects
8 projects · 9 properties
Active · Montana · Alaska · Nevada · Arizona
Project Partners
Freeport-McMoRan · Rio Tinto Kennecott
Butte Valley joint venture · Schell Creek option to joint venture
FAST-41 Listing
Blue Copper · Muncy
Montana · Nevada (Schell Creek)
Operations
Under evaluation
Mining, smelting or refining · Arizona smelter · Gulf Coast refinery · several projects in allied countries
Mission

Expand and strengthen America's copper supply chain from end to end.

Build the U.S. exploration portfolio
Find and prove out large U.S. copper deposits.
Remove the processing chokepoint
Add smelting and refining capacity in the United States.
Secure allied supply
Increase copper production in allied countries and bring it into the U.S. supply chain.
The Policy Arc

Copper is now a designated critical mineral.

  1. Aug 2023

    DOE Critical Materials List

    Copper added to the Department of Energy critical materials list.

  2. Mar 2025

    Executive Order 14241

    Defense Production Act authorities invoked for domestic mineral production.

  3. Aug 2025

    Section 232 Tariffs

    50% national security tariff on semi-finished copper, effective August 1. Ores, concentrates, anode, cathode and scrap are excluded.

  4. Nov 2025

    USGS Final 2025 List

    Copper formally designated a critical mineral, which opens federal permitting and investment programs to copper projects.

  5. Dec 2025

    Pax Silica Declaration

    The State Department’s Pax Silica Declaration, signed in December 2025, states that growth across the global AI supply chain is "driving historic opportunity and demand for energy, critical minerals, manufacturing, technological hardware, infrastructure, and new markets not yet invented."

  6. Feb 2026

    Project Vault and FORGE

    A $12 billion facility, $10 billion of it through the Export-Import Bank, lets manufacturers pre-buy critical minerals at set prices. FORGE adds a U.S.-led trade framework with price floors.

  7. Feb 2026

    U.S.–DRC Strategic Partnership

    Allied critical-minerals cooperation anchored on the Lobito Corridor.

  8. Apr 2026

    Section 232 Modified

    A 10% rate for articles made from copper smelted and cast in the United States, the first federal measure that prices domestic smelting. The domestic-content threshold fell to 85% in June.

  9. Jun 2026

    Refined Copper Decision Point

    The July 2025 proclamation directed Commerce to report by 30 June 2026 so the President may decide whether to impose 15% on refined copper from January 2027 and 30% from January 2028. The report has not been published, and refined copper carries no rate.

  10. Authorized, not yet in force

    Domestic Input Requirements

    The July 2025 proclamation directs the Secretary of Commerce to implement domestic-sales requirements on U.S. copper input materials, starting at 25% in 2027 and rising to 30% in 2028 and 40% in 2029. Commerce has not issued an implementing rule.

Proclamations 10962 (Jul. 2025), 11021 (Apr. 2026) and 11032 (Jun. 2026), Federal Register · USGS, Mineral Commodity Summaries 2026 · U.S. Department of Energy · U.S. Department of State · Export-Import Bank of the United States

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ProjectsProjectsCopper projects from exploration to refining, in the United States and allied countries, with the status of each.CompanyLeadership & BoardThe senior leadership team and the board of directors, with each person's record.PerspectiveThe American Copper ImperativeFalcon Copper's analysis of why U.S. copper security requires domestic smelting, allied supply and a new exploration cycle.