Reprocessing 70M tonnes of tailings in peru to recover several different minerals
Active Project Grant Awarded
- Award ID
- 9100000205
- Recipient
-
Cerro De Pasco Resources Inc. UEI C82KQ9H3MB99
- Awarding agency
- International Development Finance Corporation
- 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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