Name of the Project
Antapaccay copper mine expansion.
Location
Peru.
Project Owner/s
Glencore.
Project Description
In recent years, production has been stalled as the quality of ore grades at Antapaccay declined.
The expansion project aims to extend the Antapaccay mine's life by decades by advancing the Coroccohuayco project, which will stretch the life-of-mine to at least 2045.
Copper production, for at least the first ten years of Coroccohuayco's operation, will be about 2 50 000 t/y of copper.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
The investment is expected to exceed $1.5-billion.
Planned Start/End Date
Glencore is examining Coroccohuayco's prefeasibility study and expects approval in the second half of 2024 before progressing to a full feasibility study.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Glencore, tel +41 41 709 2000 or email info@glencore.com.