Chile expects $65.75bn investment in mining industry over 10 years
Chile's State copper commission Cochilco expects the country's mining industry to attract a total investment of $65.75-billion spread over 44 operations over the next 10 years, it said in a statement on Friday.
Among the investments, it referenced two new lithium mining projects, three copper and one gold, totalling $5.9-billion, by companies including by SQM, Gold Fields and Antofagasta Minerals.
"The boost to production in copper projects of this portfolio will reach 3.5-million tonnes, the greatest in three years given the significant drop in investment registered since 2014," the statement added.
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