Escondida new concentrator project, Chile
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Name of the Project
Escondida new concentrator project.
Location
Chile.
Project Owner/s
Diversified miner BHP.
Project Description
The Los Colorados plant is approaching the end of its operating life.
The proposed project aims to replace the production capacity of the plant by installing new capacity to produce 220 000 t/y to 260 000 t/y of copper.
The new concentrator will enable Escondida to maintain its overall processing capacity of 460 000 t/d of ore, allowing for production to remain within currently approved levels.
Potential Job Creation
The project will have a significant impact on supplier development and job creation during the construction phase. An average of 2 500 workers a month is projected during the project construction, with expected monthly peaks of 6 000 people.
Net Present Value/Internal Rate of Return
Not disclosed.
Capital Expenditure
$4.4-billion to $5.9-billion.
Planned Start/End Date
If environmental approval is obtained, the project will require a multiyear construction programme, with potential first production expected from 2031 to 2032.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
BHP (Chile), tel +56 22579 5000.
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