Morning briefing · checked daily

Market update 26 October 2026 — Water, Cyprus, Copper, Energy

What moved recently in Water, Cyprus, Copper, Energy — every item with source and date. Researched and checked by Zeynah.

The news

What happened

Water

Government defends Mazotos desalination plan after residents' protest

Cyprus's agriculture ministry justifies the planned Mazotos desalination plant with drought and climate change, while residents oppose it with two legal appeals and 500 signatures.

Source: Cyprus Mail · dated

Cyprus

Nexans prepares for possible GSI restart in 2028 as uncertainty persists

Nexans CEO Julien Hueber said cable production for the Great Sea Interconnector may not resume until 2028; the regulator moved completion from January 2030 to January 2031, and about 60 per cent of seabed surveys are complete.

Source: Cyprus Mail · dated

Copper

Grupo México plans $4 billion to $6 billion for copper in the US

Grupo México expects to spend $4 billion to $6 billion over three years through its US unit Asarco on expanding the Ray and Silver Bell mines in Arizona and restarting the Hayden smelter and refinery; feasibility studies, permits and financing are still pending.

Source: 24/7 Wall St. · dated

Energy

Başkent EDAŞ to invest TRY 5.2 billion in Ankara's distribution grid

The distribution operator cites TRY 5.2 billion of investment for the first nine months of 2026; new installations include 1,048 km of cable line, 182 transformers and 639 distribution panels.

Source: Alparslan Diyarı · dated

Context

What this means for procurement and projects

Derived from the items above — not a forecast.

The government is sticking to desalination expansion; demand for plant technology, environmental assessments and compensatory measures remains, while the schedule is uncertain due to pending proceedings.

Cyprus will remain without a grid link to Europe for longer, which increases the importance of local storage, grid and generation projects on the island.

The report highlights the bottleneck in copper smelting and refining that accompanies cable, transformer and switchgear demand for grid expansion.

Concrete procurement demand for medium-voltage cable, transformers and distribution equipment in the Turkish distribution grid.

Report a requirement See all signals All market updates