Codelco and Pucobre formed a venture to develop the US$870 million Tovaku copper project, targeting 46,000 tonnes of cathodes a year from 2030.
Chile · MINING
Key Facts
—Deal Codelco and Pucobre formed Minera Puntilla SA to develop the Tovaku copper project
—Ownership Pucobre 60 percent, Codelco 40 percent
—Investment approximately US$870 million (about CLP 794 billion)
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