Solaris Advances Warintza as Copper Supply Tightens | Matthew Rowlinson

Solaris Resources says the Warintza copper-gold-molybdenum project in Ecuador is moving into a critical de-risking phase, with updated guidance targeting full permitting by the end of H1 2027 and a final investment decision in the back half of 2027. Speaking with Kitco Mining’s Paul Harris at the 2026 Mining Forum Americas, President and CEO Matthew Rowlinson said Solaris expects roughly $100 million of liquidity to carry the company through to FID, including an additional $50 million tranche tied to its Royal Gold agreement. The November 2025 PFS outlined approximately $3.7 billion in initial capital for a 160,000-tonne-per-day operation, supported by near-surface mineralization, a low strip ratio and gold and molybdenum byproduct credits. Solaris is also keeping both partnership and standalone development paths open. “We've got to do what's right for shareholders,” Rowlinson said, adding that the company has seen significant interest from potential partners while continuing to evaluate streaming, senior debt, EPC or EPCM-linked financing, and government or other nontraditional capital. Beyond Warintza Central, Solaris is advancing additional porphyry targets across the broader district while continuing to de-risk the core project toward a 2027 development decision. Special thanks to our sponsor, Metalla Royalty & Streaming. To learn more, visit: https://www.metallaroyalty.com/ Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 00:19 - Copper and Critical Minerals Take Center Stage 00:52 - Copper Supply Tightness and the Warintza Opportunity 02:38 - Gold and Moly Byproducts Support Warintza Economics 04:03 - H1 2027 Permitting and Late-2027 FID Target 05:35 - Water, Power and the 250 MW Energy Plan 07:19 - $3.7B Capex and Warintza Project Economics 10:18 - ~$100M Liquidity to Carry Solaris Through FID 10:46 - Partner, Build or Finance Warintza Alone? 12:13 - Streaming, Debt and the Ideal Financing Stack 16:17 - Warintza District Exploration and Next Catalysts __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - https://www.instagram.com/kitcomining LinkedIn - https://www.linkedin.com/company/kitco-mining Facebook - https://www.facebook.com/KitcoMining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold   For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc. Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.