Glencore Tapped by Codelco to Lead New Chile Smelter Project

Codelco And Glencore Bet On A New Copper Era In Northern Chile

Key Points Chile’s Codelco has chosen Glencore as preferred partner for a giant new copper smelter in the Antofagasta region. The plant would process 1.5 million tonnes of concentrate a year, with Codelco supplying up to 800,000 tonnes under a long-term deal. The project signals a move away from noisy ideological battles toward hard-nosed investment […]

Codelco and Glencore Agree to Partner on Chilean Smelter Project

Glencore Tapped by Codelco to Lead New Chile Smelter Project

Glencore Plc will design and possibly develop a new copper smelter in Chile as the Swiss commodities giant looks to increase its exposure to a metal projected to be in short supply.

Codelco and Glencore agree to a Memorandum of Understanding to increase smelting capacity in Chile

Codelco and Glencore Chile SPA have signed a Memorandum of Understanding (MoU) with the aim of advancing the development of a new copper smelting plant, which would be built in the Antofagasta Region, at a location in the provinces of Antofagasta or Tocopilla.

Codelco signs MoU with Glencore for Chile copper smelter project in Antofagasta

Chile’s state-run copper producer Codelco and a Swiss-based commodities trader and miner Glencore have entered into a memorandum of understanding to collaborate on a Chile copper smelter project in the Antofagasta region.The post Codelco signs MoU with Glencore for Chile copper smelter project in Antofagasta appeared first on Mining Technology.

Codelco and Glencore plan Chilean copper smelter

CHILE’S state copper producer Codelco and Swiss miner Glencore have signed an initial agreement to develop a smelter in northern Chile, the companies announced Wednesday. Under the deal, Codelco will supply copper concentrate whilst Glencore constructs the facility in the Antofagasta region with capacity to process 1.5 million tons annually, said Reuters in its coverage of the announcement. Industry experts estimate the project would require $1.…