Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Brand profile · Mining
Hot Chili Limited runs a Mining operation from Applecross. Publicly held, at hotchili.net.au. Two addresses sit on record, spread over two office countries. It employs 29 people, on the record. It lists copper exploration and project development among its specialties. The latest round on record is Post IPO equity at US$9.2M. The record links two similar brands, most of them in Mining.
Hot Chili (ASX/TSXV: HCH) (OTCQX: HHLKF) is well positioned to capitalize on the impending copper supply deficit – an inevitable outcome of the push to electrify everything and a depleted project pipeline globally. Hot Chili is committed to delivering value per share for existing and future shareholders within the context of the copper commodity cycle.
The Company control large-scale assets in two of the most critical commodities of our time – copper and water – with two of the most desirable attributes – low-risk and near-term.
Hot Chili’s Costa Fuego Copper-Gold Project in low elevation Chile has quality, size, location and strategic advantages that can materially shorten development timelines. Perhaps most importantly Costa Fuego is one of the few copper development projects globally that has a water extraction licence. Hot Chili has also secured most of the easement and surface rights required for development. What began as a ten-year water permitting process for Costa Fuego, has transformed into a potential water business capable of supplying an entire region with both seawater and de-salinated water.
Hot Chili released a PEA in Q2/2023 demonstrating a robust oxide and concentrate (with no deleterious elements) project with annual copper equivalent production of over 100kt/year for a 16 year mine life using conventional mining and processing. Hot Chili’s environmental credentials include using seawater for processing (resulting in slightly higher recoveries vs fresh water), proximity to existing towns (negating the need for a permanent camp), access via the Pan American Highway, access to existing electrical infrastructure enabling future power to have a high renewable component and an MoU with an existing port.
Market conditions are indicative of the initial stages of a new copper price cycle being driven by a lack of new supply. The Company is well funded to take advantage of controlling the right assets at the right time in the right place.
| Countries | 2 |
|---|---|
| Primary country | AU |
All codes: AU CL
| Rounds | 7 |
|---|---|
| Axis | 2010 to 2026 |
| Post IPO equity · 5 Oct 2025 | US$ 9.2M |
Dated rounds only. The axis ends at the date this profile was last observed, not at today.
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Hiring, headcount and registry-change signals, streamed to members.
Registry-filed capital and financial indicators, standardised by TheGrid.
4 employee profiles on record · names withheld.
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29 counted staff profiles at January 2026, inside the self-reported 11–50 band.
Two addresses on record across 2 countries. Primary: 768 Canning Highway, Level 1, Applecross, WA 6153.
Seven rounds. Latest 5 October 2025: post IPO equity, US$9,200,000, investor BMO Corporate Banking.
One tag on the brand's own list, among them copper exploration and project development.
4 profiles list Hot Chili Limited (ASX/TSXV: HCH) (OTCQX: HHLKF) as a peer — 71st percentile in Mining. It lists ten peers of its own. Hot Chilli lists it back.