- Published: Monday, 08 August 2016 15:59
- Written by E&MJ News
Escondida, the world’s largest copper mine, is targeting a copper production increase from about 940,000 metric tons (mt) in 2016 to 1.2 million mt/y for 10 years following completion of a newly approved, $200 million expansion of its Los Colorados concentrator (one of three concentrators on the property). Escondida is located in northern Chile and is owned 57.5% by BHP Billiton, 30% by Rio Tinto, and 12.5% by two consortiums of Japanese companies. BHP Billiton is the operator.