Despite falling prices, Chile's third largest copper mine Collahausi aims to continue with expansions, which include an approved debottlenecking project to add 30,000t/y to its output, company spokesperson Bernardita Fernández confirmed. The mine will carry out a US$64mn concentrator debottlenecking project to iron out kinks related to a SAG mill failure this year and in the process add 30,000t/y to output, Fernández said.
Afterwards, Collahuasi aims to propose to its owners in the first quarter of 2009 a US$750mn expansion to up output to 650,000t/y in 2010, she added. At a later stage the company has said it also intends to propose a further expansion to 1Mt/y by roughly 2014. "Our projects obviously will continue with the same strategies," Collahuasi CEO Jon Evans was quoted as saying by newspaper Diario Financiero.
"The mid and long-term plans are the same, therefore our expansion plans are also the same. Obviously we need to revise our options in the short term but there is no change because the efficiency plans in the plant are undergoing feasibility studies," he added. Collahuasi, which produces roughly 440,000t/y of copper, is jointly controlled by Anglo American and Xstrata, each with 44%. Japan's Mitsui owns the remainder.
Afterwards, Collahuasi aims to propose to its owners in the first quarter of 2009 a US$750mn expansion to up output to 650,000t/y in 2010, she added. At a later stage the company has said it also intends to propose a further expansion to 1Mt/y by roughly 2014. "Our projects obviously will continue with the same strategies," Collahuasi CEO Jon Evans was quoted as saying by newspaper Diario Financiero.
"The mid and long-term plans are the same, therefore our expansion plans are also the same. Obviously we need to revise our options in the short term but there is no change because the efficiency plans in the plant are undergoing feasibility studies," he added. Collahuasi, which produces roughly 440,000t/y of copper, is jointly controlled by Anglo American and Xstrata, each with 44%. Japan's Mitsui owns the remainder.
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