Chile Seeks Investors for Major Copper Smelter Initiative

ENAMI, Chile's state-run mining company, is inviting investors for a $1.7 billion copper smelter project. The company will offer copper cathodes in return for investment. The facility aims to process 850,000 metric tons of copper concentrate annually to produce 240,000 tons of copper cathodes.

Chile's state-owned mining company, ENAMI, announced the commencement of an investment-seeking process for a new copper smelter, valued at $1.7 billion.

The proposed facility is designed to process 850,000 metric tons of copper concentrate each year, generating around 240,000 tons of copper cathodes.

ENAMI is offering potential investors the supply of copper cathodes, aiming to boost economic opportunities and advance its mining output capabilities.

(With inputs from agencies.)