Freeport-McMoRan announces a $7.5 billion investment in expanding its El Abra mine in Chile, boosting copper production and supporting global demand.
Chile
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Chilean state-owned mining company Codelco is in talks to acquire a 10% stake in the Quebrada Blanca copper mine, a significant asset in northern Chile. The deal, estimated at $500 million, could bolster Codelco’s position as the world’s top copper producer and provide Enami, the current stake owner, with much-needed financial relief.
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German chemical giant BASF abandons plans to invest in lithium mining in Chile, citing a slowdown in electric vehicle sales and a decline in battery metal prices. BASF is now focusing on battery recycling in Europe to secure raw materials.
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Chilean mining company Antofagasta embarks on a $4.4 billion expansion of its Centinela copper mine in northern Chile. The project will create thousands of jobs and implement a unique 14-14 work schedule to offer work-life balance for construction workers. The expansion is expected to significantly boost copper production, solidifying Antofagasta’s position as a major player in the global copper market.
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The Canadian mining giant Barrick Gold has submitted a $136 million environmental impact study (EIA) to Chilean authorities for the definitive closure…
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Anglo American, one of the world’s largest mining companies, has announced a $1.1 billion plan to improve its water management at its…
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Chile’s state copper company Codelco and lithium producer SQM have agreed to establish a roundtable with indigenous communities amid talks over a…