Chile's Codelco receives approval for $1 bln desalination plant

By Reuters / March 08, 2018 / www.mining.com / Article Link

SANTIAGO, March 8 (Reuters) - Chile's state-owned mining company Codelco, the largest copper producer in the world, received environmental approval this week to build a $1 billion desalination plant to supply water to its operations in the country's northern region.

The go-ahead from the Antofagasta region's environmental regulator will allow the company to expand its Radomiro Tomic mine and advance with an ambitious investment plan in its water-intensive mining operations in one of the driest deserts in the world.

The plant would be the second-largest desalination plant in the South American country, behind the one supplying BHP's Escondida copper mine, the largest in the world. Chile is the world's No. 1 exporter of the red metal.

(Reporting by Fabi??n Andr?(C)s Cambero; Writing by Luc Cohen)

Recent News

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com

Gold stocks gain on metal rise and continued equities rebound

August 26, 2024 / www.canadianminingreport.com

Big Gold stocks outperform Big Base Metals

August 19, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok