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The initiative will begin to be implemented in early 2019 and will begin production extension work in the second half of 2021.
The mining company Antofagasta Plc – a company related to the Luksic group – announced that the approval of the expansion of mining company Los Pelambres, which will increase copper production by 60,000 tons during the first 15 years of operation.
According to the company, the project envisions an investment of $ 1,300 million and will be executed in early 2019, to begin production extension work in the second half of 2021.
With this project , the plant's performance will rise from 175,000 tonnes of ore per day to an average of 190,000 tonnes per day.
Iván Arriagada, CEO of Antofagasta plc, said: "The Los Pelambres expansion, our world-clbad mine, is an important step in the Group's organic growth progression. will add 60,000 tonnes per year of low-cost copper production in this long-term operation and will ensure that it will remain the first-quartile producer for many years. "
" The project includes the construction of 39, a desalination plant and a water pipeline that will benefit The project also includes $ 500 million for a desalination plant and a water pipeline.
The project also includes US $ 500 million for a long-term or severe drought and for a possible phase of further expansion.
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