Ero Copper Corp.·Basic Materials

VANCOUVER, British Columbia, March 30, 2026 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the “Company”) is pleased to announce the filing of a Technical Report in relation to the Preliminary Economic Assessment ("PEA") for the Furnas Copper-Gold Project, located in the Carajás Mineral Province in Pará State, Brazil.

ERO Copper stands out as a pure-play copper producer with growing production and an ongoing deleveraging process. Despite macro-driven volatility, copper's secular demand from AI, EVs, and renewables underpins a robust long-term investment case. Recent geopolitical and economic shocks have driven COPX and copper miners down over 30%, with potential for deeper drawdowns.

Freeport-McMoRan and Ero Copper ramp growth projects and production, but rising costs, weaker volumes and volatile copper prices cloud near-term prospects.

We believe the operational turnaround in Ero Copper is underway and that the company is well-positioned to generate significant free cash flow growth in 2026. With steady operations in its south American business, an operational turnaround at its Canadian copper operation, and several significant growth opportunities, we believe Hudbay is uniquely positioned in the current copper/gold cycle. Given the growing concern over a supply glut in LNG markets and increased competition from new less disciplined, Cheniere's equity performance has struggled. We closed out the position in the stock.

Citigroup Inc. grew its stake in Ero Copper Corp. (NYSE: ERO) by 2,198.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 88,729 shares of the company's stock after buying an additional 84,868 shares during the period. Citigroup Inc. owned approximately 0.09%

Ero Copper Corp. (ERO:CA) Q4 2025 Earnings Call Transcript
Ero Copper Corp., a base metals mining company, engages in the exploration, development, and production of mining projects in Brazil. It engages in the production and sale of copper concentrate from the MCSA Mining Complex located within the Curaçá Valley, northeastern Bahia state, as well as gold and silver byproducts. The company also holds a 100% interest in the Boa Esperança property, a copper development project located within southeastern Pará state; and NX Gold property located in Mato Grosso state. Ero Copper Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.
Basic Materials
Copper
3,690
2017-10-20
1.61