Reprocessing 70M tonnes of tailings in peru to recover several different minerals

Active Project Grant Awarded

Award ID
9100000205
Recipient
Awarding agency
Obligated
$5,000,000

Award facts

Assistance listing
87.101 Project Development
Completion date 64% complete
Place of performance
Peru

Award details come from USAspending.gov.

About this award

The International Development Finance Corporation awarded Cerro De Pasco Resources Inc. five million dollars on February 27, 2026, under the Project Development program (CFDA 87.101) to reprocess 70 million tonnes of tailings in Peru and recover several different minerals. The award, obligated in full at five million dollars, funds project development work designed to prepare the mining reprocessing initiative for DFC debt financing, equity investment, or insurance support. Performance occurs in Peru through February 27, 2027. Under the Project Development program, DFC partners with private-sector entities to advance U.S. foreign policy and strengthen national security by mobilizing private capital. The program accelerates project identification and preparation to attract private investment in development, with DFC and the client jointly determining the scope of diligence and preparation work to be performed.

Quick answers

Who received award 9100000205?

9100000205 was awarded to Cerro De Pasco Resources Inc. by International Development Finance Corporation on February 27, 2026.

How much is award 9100000205 worth?

$5,000,000 has been obligated on 9100000205.

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