Chile, January 26, 2026 – Cevdet Caner, Executive Chairman of Global Critical Resources Corporation (GCR), a US-registered mining company, reaffirmed last week his company’s commitment to investment in Tres Valles Mining Company (CMTV) in Salamanca, including CMTV’s relationships with regional third-party ore providers.
“Chile stands as a strategic pillar within our global growth vision. The Tres Valles Mining operation combines operational efficiency, technological innovation, and respect for local communities. We are committed to showing the world that modern mining can be both profitable and sustainable,” said Caner.
On Tuesday, January 20, GCR officially relaunched CMTV in an event attended by the Mayor of Salamanca, Carlos Lillo. CMTV constitutes approximately 22 million tons of measured and indicated reserves which, when combined with processing of third-party ores, will yield US$ 120 million in revenue in 2026. CMTV produces Grade-A 99.99% pure electrolytic copper cathodes—among the highest quality in the market—with more than 1.3 million tons of ore to be processed in 2026. CMTV also processes up to 75,000 tones per month of ore from external suppliers, approximately 10% of the region’s market and is advancing toward full consolidation.
GCR views CMTV as a key contributor to the Coquimbo region’s economic future. The company is expected to provide over 800 direct jobs, with up to 8,000 indirect jobs projected at peak operations. The company additionally plans to strengthen its institutional presence and network of public–private partnerships in alignment with Chile’s sustainability goals set for 2026–2030.
Throughout the week, Mr. Caner held meetings with high-level authorities from the Coquimbo and Atacama regions, including Senators Sergio Gahona, Matías Walker, and Rafael Prohens, as well as with prominent representatives of the mining industry, including Jorge Riesco from SONAMI, Joaquín Villarino from the Mining Council, Ari Bermann from APRIMIN, and Iván Mlynarz from ENAMI.
“Our investment plan reinforces Chile’s role as a strategic hub for GCR within our international operations,” Executive Chairman Cevdet Caner added. “CMTV will contribute significant volume to the global supply of copper and consolidate our position as a model for sustainable practices.”
In addition to Chile, GCR is expanding operations in Africa through the acquisition and reopening of Tataki Mine in Botswana, a polymetallic mine projected to generate over US$ 4.2 billion in revenue in the coming decade. The company plans to make further significant acquisitions to its portfolio over the near- and medium-term.
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