Arizona Sonoran Copper, Nuton Terminate Option to Joint Venture on Cactus Project

Dow Jones

Yesterday

By Adriano Marchese

Arizona Sonoran Copper will no longer pursue a joint venture with Rio Tinto-backed Nuton on its Cactus Project and instead plans to advance it on its own.

The Toronto-listed copper developer on Tuesday said the two companies mutually agreed to the early termination of the option to joint venture on the Arizona project.

As part of the decision, Arizona Sonoran will pay $15 million immediately, as well as another $5 million within one year of the termination, and potentially up to about $15 million more if a change of control occurs.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

February 17, 2026 09:17 ET (14:17 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RIO","symbol_name":"力拓","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2612744450","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612744450","pubTimestamp":1771337820,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Arizona Sonoran Copper will no longer pursue a joint venture with Rio Tinto-backed Nuton on its Cactus Project and instead plans to advance it on its own.The Toronto-listed copper developer on Tuesday said the two companies mutually agreed to the early termination of the option to joint venture on the Arizona project.As part of the decision, Arizona Sonoran will pay $15 million immediately, as well as another $5 million within one year of the termination, and potentially up to about $15 million more if a change of control occurs.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RIO":"力拓","BK7511":"ESG概念","BK4185":"保健护理机构","BK7095":"多种金属与采矿","COPX":"铜矿ETF-Global X","JYNT":"The Joint Corp.","RIO.AU":"力拓","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4168":"多种金属与采矿","BK7507":"资源股","BK4535":"淡马锡持仓"},"translate_title":"亚利桑那州索诺兰铜业公司和Nuton终止Cactus项目合资企业的选择权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIO.AU":0.9,"JYNT":1.5,"COPX":1.5,"RIO":0.9},"content_text":"By Adriano Marchese \n\n\n \n\n\n  Arizona Sonoran Copper will no longer pursue a joint venture with Rio Tinto-backed Nuton on its Cactus Project and instead plans to advance it on its own. \n\n\n  The Toronto-listed copper developer on Tuesday said the two companies mutually agreed to the early termination of the option to joint venture on the Arizona project. \n\n\n  As part of the decision, Arizona Sonoran will pay $15 million immediately, as well as another $5 million within one year of the termination, and potentially up to about $15 million more if a change of control occurs. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 17, 2026 09:17 ET (14:17 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}