Baquedano to start building cathode plant in Aug.

Wednesday, July 21, 2004

Chilean mid-sized copper miner Minera Baquedano will begin construction in August of an SX-EW minerals treatment plant in the town of Baquedano in northern Region II, local paper El Mercurio de Antofagasta reported.

The plant will have the capacity to treat 10,000t/d of oxide ores containing 2.5% copper to produce 300t of cathodes a month.

The company, owned by the Antofagasta mine entrepreneurs' association Agrema, is currently working on the detailed engineering of the project.

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"The plant will start operating next year," Agrema president Patricio Céspedes was quoted as saying.

Under an agreement with the giant Escondida copper mine, Minera Baquedano is using machinery from the latter's Coloso cathode plant.