CONTRACTRECOMMENDED

Copperwood Resources Seeks Up to $50 Million Grant

Michigan Strategic Fund Board of Directors | State of Michigan logoMichigan Strategic Fund Board of Directors | State of Michigan
Disclosed value
Up to $50,000,000
From agendapacket
Document date
Mar 26, 2024

The 30-second brief

What it covers

The Michigan Strategic Fund is considering a Strategic Site Readiness Program grant of up to $50 million for Copperwood Resources Inc. The copper mine project in Gogebic County is expected to create 380 jobs and support up to $425 million in capital investment.

Who holds it

Copperwood Resources Inc holds this contract with Michigan Strategic Fund Board of Directors | State of Michigan.

What happens next

Term as filed: Pre-disbursement financing milestone due by December 31, 2025; project mine life anticipated at a minimum of 11 years.

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Contract details

Amount
Up to $50,000,000
Document date
March 26, 2024
Term
Pre-disbursement financing milestone due by December 31, 2025; project mine life anticipated at a minimum of 11 years
Source document
Michigan Strategic Fund AgendaPacket March 26, 2024 (AgendaPacket)

Copperwood Resources Inc's other public contracts

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Questions about this contract

Who was awarded the government contract by Michigan Strategic Fund Board of Directors | State of Michigan?

Copperwood Resources Inc was awarded this government contract by Michigan Strategic Fund Board of Directors | State of Michigan, as recorded on March 26, 2024. The contract value is Up to $50,000,000.

How much is the Copperwood Resources Inc contract with Michigan Strategic Fund Board of Directors | State of Michigan worth?

The Copperwood Resources Inc contract with Michigan Strategic Fund Board of Directors | State of Michigan is valued at Up to $50,000,000.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Michigan Strategic Fund AgendaPacket March 26, 2024 (AgendaPacket), dated March 26, 2024 from Michigan Strategic Fund Board of Directors | State of Michigan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Copperwood Resources Inc hold?

Copperwood Resources Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Michigan Strategic Fund Board of Directors | State of Michigan currently buying?

Explore Michigan Strategic Fund Board of Directors | State of Michigan's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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