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ANTO Antofagasta Plc

2,255.00
25.00 (1.12%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Antofagasta Plc LSE:ANTO London Ordinary Share GB0000456144 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  25.00 1.12% 2,255.00 2,251.00 2,253.00 2,287.00 2,240.00 2,256.00 1,090,395 16:35:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Copper Ores 6.32B 835.1M 0.8471 26.57 22.19B

Antofagasta Secures Local Government Approval for $1.1 Billion Mine Revamp

15/02/2018 11:14am

Dow Jones News


Antofagasta (LSE:ANTO)
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By Oliver Griffin

 

Chilean copper miner Antofagasta PLC (ANTO.LN) said Wednesday that it received unanimous environmental approval from the regional government in Coquimbo, Chile to proceed with the $1.1 billion revamp of its Los Pelambres mine.

Antofagasta said the upgrade will include a desalination plant at its port facility in Los Vilos, Coquimbo, new ore mills and new infrastructure at the mine.

With the upgrade, Antofagasta said it expects processing capacity to reach the authorized 210,000 tons a day.

The mining company said it would still need to obtain other permissions before starting the revamp of Los Pelambres.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com

 

(END) Dow Jones Newswires

February 15, 2018 05:59 ET (10:59 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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