Hot Chili (ASX:HCH) said that its Costa Fuego copper-gold project and Huasco Water project in Chile met the Chilean government's criteria for priority status, and have been officially registered by the Chilean Ministry of Economy's Office for Sustainable Project Management, according to a Wednesday filing with the Australian bourse.
This registration allows both projects to fast-track administrative approvals under the government's strategic investment initiative, the filing said.
The company will now centralize permitting processes and monitor progress via a single platform, the filing added.
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