Antofagasta Secures Significant Financing for Copper Expansion in Centinela Mine

Tuesday, 19 March 2024, 13:48

Antofagasta successfully secures a substantial $2.5 billion financing for the expansion project at the Centinela mine in Chile. The financing will lead to a significant increase of 144K metric tons per year in copper production, indicating positive growth prospects for the company and the local mining industry.
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Antofagasta Secures Significant Financing for Copper Expansion in Centinela Mine

Antofagasta Secures $2.5 Billion Financing for Centinela Mine Expansion Project

Antofagasta, a prominent player in the mining industry, has recently secured a massive $2.5 billion financing for the expansion of its Centinela mine located in Chile. This financing aims to boost copper production significantly, adding 144K metric tons per year.

Expansion of Centinela Mine in Chile

  • The financing secured by Antofagasta will enable the expansion of the Centinela mine in Chile.
  • The expansion project is expected to enhance copper production and strengthen the company's position in the global market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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