Tempestas Enters $800 Million Strategic Copper Delivery Agreements

LONDON, July 24, 2024 - Tempestas Holdings Limited and its affiliated companies (collectively
"Tempestas Copper Inc. / Tempestas Capital Ltd"), a leading global copper resource provider, today
announced the signing of two significant copper delivery forward agreements with WRA
Environmental Engineering, Inc. ("WRA"), totaling $800 million.
The agreements, each valued at $400 million, establish a long-term strategic partnership between
Tempestas and WRA, securing WRA's access to high-quality refined copper from Tempestas's global
mining operations.
Key details of the agreements include:
1. A 7-year agreement for copper delivery on July 24, 2031
2. A 10-year agreement for copper delivery on July 24, 2034
Andrew Paul, CEO of Tempestas Holdings Limited, commented, "These forward agreements represent
a significant milestone in Tempestas's global growth strategy. This partnership with WRA underscores
the strength of our copper assets and our position as a leading global provider of this essential resource. We're
excited about the long-term value this collaboration will bring to both companies and the industries we serve."
Cornel Alvarado, CEO of WRA Environmental Engineering Inc. says, "Securing an asset like copper
through forward contracts, with Tempestas, is visionary and budget concise, because copper is a scarce
resource that will likely be priced much higher over the build period for these infrastructure changes.
Locking in this value now is key to controlling the budgeting for these multi-year projects in the
region."
The agreements highlight Tempestas's capability to meet the growing global demand for copper across
various industries, including renewable energy and electric vehicles. As a global resource provider,
Tempestas is well-positioned to support the world's transition to a more sustainable future.
Tempestas remains committed to responsible resource development on a global scale and looks forward
to a long-term, mutually beneficial partnership with WRA Environmental Engineering, Inc.
About WRA: WRA is focused on infrastructure projects throughout Central America and has been
awarded multiple contracts in the countries of Costa Rica, Panama, and Honduras. WRA, along with
these countries are on the forefront in Central America in recognizing the benefits of partnering with
American technologies to bring massive change to their people.
About Tempestas: Tempestas is a group of companies focused on global copper resource development
and production. With operations spanning multiple continents, Tempestas is dedicated to meeting the
growing worldwide demand for copper through sustainable and efficient mining practices.
For more information, please contact:
info@tempestascapital.com
attn Andrew Costain

FULL POSTAL ADDRESS:
Tempestas Holdings Limited
One Arlington Square
Downshire Way
Bracknell, Berkshire
RG12 1WA
United Kingdom
COMPLETE CONTACT INFORMATION / PRESS CONTACT:
Email: info@tempestascapital.com
Attention: Andrew Costain
Phone: +44 (0)208 159 6103
Website: https://tempestascapital.com
Additional contact: Andrew Paul, CEO of Tempestas Holdings Limited

Tempestas Holdings Limited is the parent company of a group of affiliated enterprises collectively known as "Tempestas Copper Inc. / Tempestas Capital Ltd." This group comprises several companies focused on various aspects of the global copper industry. The key entities include:

Tempestas Holdings Limited: The parent company overseeing the group's operations.
Tempestas Copper Inc.: Focuses on copper mining and production.
Tempestas Capital Ltd: Handles financial and investment aspects of the business.

Together, these companies form a leading global copper resource provider with operations spanning multiple continents. The Tempestas group specializes in copper resource development, production, and related financial services.
Key attributes of the Tempestas group:

Global presence with mining operations across various countries
Integrated approach covering mining, production, and financial aspects of the copper industry
Commitment to responsible and sustainable resource development
Capability to meet growing global demand for copper in various sectors, including renewable energy and electric vehicles
Engages in strategic partnerships and long-term agreements with major industry players

Tempestas positions itself as a key player in supporting the world's transition to a more sustainable future through its copper-related activities. The group's ability to secure large-scale, long-term agreements demonstrates its significant role in the global copper market and its capacity to support major infrastructure and environmental engineering projects worldwide.

This release was published on openPR.