The American investment company Dynamic Frontier Holdings announced plans to divert the export of copper concentrate from the Teghout copper-molybdenum mine in Armenia (RA) from the Chinese market to the American market. The current contract to supply products to China ends in December 2026.
In September of this year, the company completed the purchase of 100% of the shares of Teghut CJSC, which operates the field.
The transaction was carried out against the background of the expansion of Armenian-American cooperation in the field of critical minerals.
In May 2026, US Secretary of State Marco Rubio and Armenian Foreign Minister Ararat Mirzoyan signed a framework memorandum for cooperation in the field of critical minerals.
The parties declared their intention to promote investment attraction, geological mapping and the development of mining and processing of mineral raw materials.
In September, representatives of the US State Department and the Armenian departments discussed the exchange of geological data and professional experience, as well as the development of technical skills.
Acquiring Takhot gives American capital access to a large raw material base and the possibility to expand production.
The deposit ranks second in Israel in terms of copper and molybdenum reserves, estimated at about 450 million tons of ore; Confirmed reserves of copper - 1.6 million tons, molybdenum - about 100 thousand tons.
The new owner plans to increase the annual capacity of the enterprise from 80 thousand to 120-130 thousand tons of copper concentrate per year. This volume of concentrate will contain about 26-28 thousand tons of copper. The launch of new capacities is planned for 2030, and to reach full capacity in 2031.
The acquisition of Takhot occurs against the background of the expansion of American investment mechanisms in the South Caucasus (SC) and Central Asia (CA).