BHP plans to invest $7 billion in Chile's Escondida copper mine
Time:Tue, 19 Nov 2024 09:44:37 +0800
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The Escondida copper mine in Chile's Atacama Desert, renowned for its rich resources, is set to receive a significant boost as BHP Group announces a $7 billion investment over the coming years.
This investment will focus on three key areas: constructing a new ore processing plant, upgrading existing facilities to enhance efficiency, and adopting advanced technologies to improve ore extraction and copper recovery rates.
BHP’s commitment aims to secure its leadership in the global copper market while supporting the transition to clean energy, where copper plays a critical role. This initiative highlights Escondida’s importance in meeting future energy demands and reinforces its position as a cornerstone of BHP's growth strategy.
