Final agreement between Anglo American Sur and Codelco on joint mine plan of Los Bronces and Andina copper mines in Chile
Chile, Sept. 17 -- Anglo American Sur S.A. ("AAS"), in which a joint venture between Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Kenichi Hori) and Chilean state-owned mining company Corporacion Nacional del Cobre de Chile ("Codelco") holds a 29.5% stake, has entered into a definitive agreement with Codelco to implement a joint mine plan for their adjacent copper operations, Los Bronces and Andina, in Chile.The joint mine plan has been developed to unlock resources value through optimized mining operations and processing capacity across Los Bronces and Andina. This will enable approximately 120,000 tonnes per year of additional copper production as the total for both mines, with 15% lower unit costs relative to stand...
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