UPDATE 2-Top Chile Export Ports Up and Running After Quake-Shanghai Metals Market

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UPDATE 2-Top Chile Export Ports Up and Running After Quake

Industry News 09:03:17AM Mar 10, 2010 Source:SMM

SANTIAGO, March 9 (Reuters) - Two of Chile's largest ports, which export copper and other cargo from the world's leading copper producer, are operating at near full capacity a week after a massive earthquake damaged some of the facilities.

The major San Antonio has opened seven of its nine piers and one of the remaining piers will reopen in the coming days, Luis Galleguillos, a spokesman for the San Antonio Port Company, said on Tuesday.

One pier remains shut and there is no date set for it to reopen but the amount of cargo it handles is minor, which will not have an effect on the overall shipments in and out of the port, Galleguillos said.

"There are no problems with any kind of shipments," he told Reuters in a phone interview.

The Chilean navy last week gave information about only eight of San Antonio's piers.

The port exports copper from mines near the capital Santiago such as Codelco's [CODEL.UL] El Teniente, which briefly halted operations after the 8.8-magnitude quake disrupted power supply.

The country's other main export port Valparaiso was also near full capacity on Tuesday, a source at the port's main operator said.

The South Pacific Valparaiso Terminal, known as TPS, which runs five of the port's eight piers and handles 90 percent of the port's cargo, said it was running at near normal levels, shipping cargoes of fruit and copper and handling passenger traffic.

"We can say that about 100 percent of TPS' concession is operational," the company source said, asking not to be named.

The source said Valparaiso handles some of the copper shipments from Codelco's Andina mine.

Most of the copper mines in Chile were unharmed by the giant temblor that killed hundreds of people and damaged infrastructure since the largest pits are located far north of the quake zone in southern-central Chile.

The key copper exporting ports of Antofagasta and Mejillones are also located away from the hardest hit regions and were operating normally on Saturday after the quake hit before dawn.
 

UPDATE 2-Top Chile Export Ports Up and Running After Quake

Industry News 09:03:17AM Mar 10, 2010 Source:SMM

SANTIAGO, March 9 (Reuters) - Two of Chile's largest ports, which export copper and other cargo from the world's leading copper producer, are operating at near full capacity a week after a massive earthquake damaged some of the facilities.

The major San Antonio has opened seven of its nine piers and one of the remaining piers will reopen in the coming days, Luis Galleguillos, a spokesman for the San Antonio Port Company, said on Tuesday.

One pier remains shut and there is no date set for it to reopen but the amount of cargo it handles is minor, which will not have an effect on the overall shipments in and out of the port, Galleguillos said.

"There are no problems with any kind of shipments," he told Reuters in a phone interview.

The Chilean navy last week gave information about only eight of San Antonio's piers.

The port exports copper from mines near the capital Santiago such as Codelco's [CODEL.UL] El Teniente, which briefly halted operations after the 8.8-magnitude quake disrupted power supply.

The country's other main export port Valparaiso was also near full capacity on Tuesday, a source at the port's main operator said.

The South Pacific Valparaiso Terminal, known as TPS, which runs five of the port's eight piers and handles 90 percent of the port's cargo, said it was running at near normal levels, shipping cargoes of fruit and copper and handling passenger traffic.

"We can say that about 100 percent of TPS' concession is operational," the company source said, asking not to be named.

The source said Valparaiso handles some of the copper shipments from Codelco's Andina mine.

Most of the copper mines in Chile were unharmed by the giant temblor that killed hundreds of people and damaged infrastructure since the largest pits are located far north of the quake zone in southern-central Chile.

The key copper exporting ports of Antofagasta and Mejillones are also located away from the hardest hit regions and were operating normally on Saturday after the quake hit before dawn.