SQM posts record output, builds inventories
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, achieved record second-quarter output levels and saw sales volumes soar on renewed optimism about long-term demand…
Chile
BHP to pay $840M to end coal energy dependence in Chile
BHP’s (LSE: BHP; NYSE: BHP) Escondida and Spence copper mines in northern Chile are poised to pay a total of US$840 million for an early…
Chile struggles to maintain copper production as coronavirus spreads
Workers at Chile’s giant copper mines are caught between the urge to protect themselves and pressure to keep the country’s economy moving. Since declaring a…
Chile court looks at alleged Escondida breaches
A Chilean environmental court will look into the State Defence Council’s (CDE) allegations that the Escondida copper mine, the world’s largest, has caused “irreparable damage”…
Antofagasta halts Los Pelambres expansion project
Antofagasta (LSE: ANTO) has suspended a US$1.3 billion expansion at its Los Pelambres operation in Chile for an estimated four months as the coronavirus pandemic…
Chile’s copper output falls on declining grades
Copper production in Chile, the world’s No. 1 producer of the metal, dropped by 44,000 tonnes, or almost 0.8%, last year compared to 2018, amid…
Mitsubishi acquires 30% of Mantoverde copper mine
Japanese powerhouse Mitsubishi Materials Corporation (MMC) has acquired a 30% stake in Mantos Copper’s Mantoverde mine and associated projects in Chile for US$263 million. MMC…