Powered by

Antofagasta announces approval of expansion of Los Pelambres

Nov 15, 2018 - Marketline Newswire

Antofagasta has announced the approval of the expansion of their subsidiary Minera Los Pelambres (Los Pelambres), which is 60% owned by Antofagasta and 40% owned by consortiums led by JX Nippon and Mitsubishi.

The expansion will add an average of 60,000 tonnes of copper a year to the mine's production over the first 15 years of operation.Ivan Arriagada, the CEO of Antofagasta plc, commented :"The expansion of our world-class Los Pelambres mine is an important step forward in the advanc...