CESCO:Chile Collahuasi Mine Mulling Use Of Sea Water In Expansion
05 Abril 2011 - 10:19AM
Noticias Dow Jones
Chilean copper mine Dona Ines de Collahuasi is mulling the use
of sea water for its production expansion plans, an Anglo America
PLC (AAUKY, AAL.LN) executive said Tuesday.
Collahuasi currently produces around 550,000 metric tons of
copper a year and is evaluating an ambitious expansion project that
could nearly double its annual production.
Global diversified mining companies Xstrata PLC (XTA.LN) and
Anglo American each hold a 44% stake in the mine, while a
consortium led by Mitsui & Co. (MITSY, 8031.TO) holds the
remaining 12%.
"We're currently at the conceptual stage. We're defining its
scope," John Mackenzie, chief executive of Anglo's Copper Business
Unit, told reporters on the sidelines of the 10th annual CRU Copper
Conference.
He added that like most other copper mining projects, the
expansion will require additional water, a commodity that is scarce
in northern Chile, home to the Atacama desert.
"We're studying the use of sea water," Mackenzie said.
While several other mines in Chile use water from the sea, only
Antofagasta PLC's (ANTO.LN) Esperanza mine, scheduled to be
inaugurated later this week uses it for almost all of its copper
processing.
Collahuasi is located 185 kilometers southeast of the port of
Iquique, high in the Andes Mountains at 4,400 meters above sea
level.
-By Carolina Pica, Dow Jones Newswires; 56-2-715-8919;
carolina.pica@dowjones.com
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