The smelter has had its restart delayed because of issues related to Canadian construction firm SNC-Lavalin, contracted for the project.
Chile Mining News
The 982-million-tonne Llurimagua copper project is located in the Imbabura Province, about 80 km northeast of Ecuador's capital of Quito.
The Chilean miner expects demand to outstrip supply in 2019 as consumption growth remains positive, but production increases continue to be minimal.
This pilot project is expected to generate 150 MWh/year from 256 photovoltaic cells.
A union at the Sierra Gorda copper mine, controlled by Polish mining company KGHM, could go on strike this week after rejecting the latest offer in contract negotiations.
In the fourth quarter, total mining output increased 3.1% from the previous three-month period and 1.3% from a year ago.
Decision doesn't determine the final faith of the long-delayed and polemic project, as the case has been sent back to the Environmental Court for review by a different panel of judges, a process that could last several months.
The body, which looks into the way the Polish state operates and how it spends public funds, says the company has spent more than $5.2B in three years on the underperforming Sierra Gorda mine.
The $400 million plant expansion, once complete, would allow the Chinese-backed SQM to eventually produce as much as 180,000 tonnes of lithium carbonate a year from its Atacama salt flat operations.
The newly installed panels at the Los Bronces copper mine have the capacity to produce 86 kilowatts.
The conference regularly attracts 500 attendees from more than 40 countries; representing the key producers, consumers, traders, distributors, and end-users.
The world’s No.3 producer of the metal used in electric vehicle batteries said the candidates will be “fair” and “responsible toward shareholders”.
Codelco will continue to develop its lithium assets, including committing $57 million for further exploration.
Codelco’s lithium projects, once thought a shoo-in to boost global supply and lower prices, have largely fallen off forecasts.
Operating costs are forecasted to be of $9.9 billion.
The company foresees strong long-term demand for lithium but offered a short-term prognosis clouded by the entry of new projects into the market and slowing growth of demand.
The Chilean government will actively be seeking investors for 25 new mining projects when it attends the PDAC Convention in Toronto next week.
Codelco's second largest copper operation by size is expected to fully transition to underground block cave mining this year.
The world's second largest miner has confirmed an "exciting" copper find at its Winu project, in the Paterson Range in the East Pilbara.
The company is close to making a decision on developing Mina do Barroso mine, which could become the first European supplier of spodumene, a lithium-bearing mineral.
Prokurica is holding the price outlook amid optimism around US-China trade talks taking place in Washington.
Wetlands have been dried out, the environment has been damaged, for the salt flat and for local communities, it is already too late.
The world's largest lithium producer "sees nothing that could slow demand for the white metal used to make electric car batteries."
Chief executive officer Mark Bristow, who is in the South American nation to review the company’s regional strategy, said Barrick’s assets in Chile were an important part of its global portfolio.
This is not the first time the Chilean watchdog has fined Lumina.