Market Chatter: BHP Group Secures Approval for Early Stage Works for Chile Copper Mine Expansion, Bloomberg Says

MT Newswires Live

Jul 07

BHP Group (ASX:BHP) secured approval from the Antofagasta Environmental Assessment Commission for early-stage works for an expansion at the Escondida copper mine in Chile, Bloomberg reported on Tuesday, citing a spokesperson for the firm.

The early stage works will be worth around $1.3 billion, and include sulfide leaching and electricity upgrades.

BHP owns a 57.5% stake in the mine, while Rio Tinto (ASX:RIO) holds a 30% stake, and a consortium of Japanese companies owns the remaining interest.

The mining firm did not immediately respond to an email request for comment from MT Newswires.

Its shares fell 1% in recent trading on Tuesday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. 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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SLX","symbol_name":"VanEck Steel ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2649260603","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2649260603","pubTimestamp":1783399429,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}