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 reach new highs

March 17, 2025 / www.canadianminingreport.com

Big Mining slightly misses expectations, operating earnings edge down

March 17, 2025 / www.canadianminingreport.com

Strong revenue growth continues while costs ease

March 10, 2025 / www.canadianminingreport.com

Gold stocks back near highs

March 10, 2025 / www.canadianminingreport.com

Budgets shift to later phases and larger companies

March 03, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok