Market Chatter: BHP to Launch $2 Billion Concentrator Optimization Program at Chile's Escondida Mine

MT Newswires Live

2025/02/26

BHP Group (ASX:BHP) will launch a $2 billion initiative to enhance its concentrator at the Escondida copper mine in Chile as part of a previously announced $10.8 billion investment plan, Reuters reported Tuesday, citing Escondida President Alejandro Tapia.

The plan, which is expected to benefit particularly the region of Antofagasta, will be submitted for environmental approval "soon," the report said.

(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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