Mining

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Chile's FNE and antitrust bodies from China, Brazil, and South Korea have approved the joint Andina-Los Bronces mining plan between Codelco and Anglo American. The deal, signed in February 2025, will enable 120,000 additional tonnes of fine copper per year from 2030 to 2051. Codelco board chairman Máximo Pacheco said it will unlock greater potential in the mining district.

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Indonesia's Finance Minister Purbaya Yudhi Sadewa targets the coal export duty to take effect on April 1, 2026, depending on tomorrow's meeting. The policy, which also covers nickel, has had its rates approved by the President.

A Cochilco study projects seawater will account for 68% of water use in Chile's large-scale copper mining by 2034, up from 41% in 2024. Total water demand will rise from 18.5 m³/s to 20.6 m³/s, as continental water use falls.

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Production at Garpenberg mine in Hedemora has been halted after a rockfall and hundreds of subsequent mine tremors over the weekend. Several people were injured, and all employees were evacuated on Saturday. Around 500 workers are now operating above ground.

 

 

 

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