Highland Copper (OTCQB: HDRSF) was acknowledged in a White House April 6, 2026 Fact Sheet as a contributor to expanding U.S. copper mining, smelting and fabrication. The Fact Sheet ties this buildout to strengthened Section 232 tariffs on steel, aluminum and copper.
Highland said it has visibility with U.S. agencies and noted a $250 million Letter of Interest from the U.S. Export-Import Bank toward its Copperwood project as it advances toward a near-term construction decision.
Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) (“Highland Copper” or the “Company”) is pleased to announce that it has been acknowledged as a contributor to U.S. mining expansion in White House publication, “Fact Sheet: President Donald J. Trump Strengthens Tariffs on Steel, Aluminum, and Copper Imports — Bolstering Domestic Manufacturing of Strategic Metals and their Derivative.” The Fact Sheet can be found at the following link: https://www.whitehouse.gov/fact-sheets/2026/04/fact-sheet-president-donald-j-trump-strengthens-tariffs-on-steel-aluminum-and-copper-imports/.
The Fact Sheet outlines actions under the April 2, 2026, Proclamation: “Strengthening Actions Taken to Adjust Imports of Aluminum, Steel, and Copper into the United States.” It particularly addresses “tariffs imposed on imported steel, aluminum, and copper in order to more effectively address the national-security threat posed by such imports,” and “to protect the national security of the United States, including the economic resilience of vital industries and the financial position of American workers.”
In reference to U.S. domestic mining and smelting, the Fact Sheet states: “New U.S. aluminum and copper smelting is also underway across America. Earlier this year, Century Aluminum and Emirates Global Aluminum announced a joint venture to build the first new aluminum smelter in the United States in decades, in Oklahoma. Companies such as Highland Copper, Ivanhoe Electric, Rio Tinto, and Wieland are expanding U.S. copper mining, smelting, and fabrication facilities. This buildout — and the continued health of these vital American industries — is only possible through the continued implementation and strengthening of the President’s Section 232 tariff programs. These tariffs ensure domestic producers and workers can compete on a level playing field.”
U.S. Congressman Jack Bergman (R-MI), a retired Lieutenant General in the U.S. Marine Corps and a member of the House Committee on Armed Services, stated: “I am grateful that the White House recognized Highland Copper as important to the expansion of U.S. domestic copper mining. Highland’s Copperwood project aims to responsibly produce copper in Michigan to help support the American economy and national defense.”
Barry O’Shea, Chief Executive Officer of Highland Copper, stated: “This White House statement is an important acknowledgement of Highland’s Copperwood project. It also reflects our visibility to the administration and key U.S. federal agencies. We look forward to continuing discussions on federal funding opportunities at the U.S. Export Import Bank, from which Highland received a Letter of Interest for $250 million in project financing, in addition to early engagement with the Department of War and the Department of Energy, as we continue to drive the Copperwood project to a near-term construction decision.”
About Highland Copper Company
Highland Copper Company Inc. is focused on developing the Copperwood Project in the Upper Peninsula of Michigan, U.S.A. The Company also owns surface rights securing access to the Copperwood deposit and providing space for infrastructure at Copperwood as required. The Company has 738,188,122 common shares issued and outstanding. Its common shares are listed on the TSX Venture Exchange under the symbol “HI” and trade on the OTCQB Venture Market under symbol “HDRSF.”
More information about the Company is available on the Company’s website at www.highlandcopper.com and on SEDAR+ at www.sedarplus.com.