WASHINGTON (Scrap Monster):Codelco is taking a strange step by consuming uncontaminated and criterion raw material, later mixing it with materials taken from the Ministro Hales Mine, at Ocean Partners' conflating facility in Taiwan. Ocean Partners is apparently a British based copper concentrate dealer.
The first installment of fluxed concentrate is expected to make it to China by this month. Codelco is intending to use the facility for at least 3 years initially, if necessary the duration can be extended.
All this sudden change in plan in the mine is due to output stamp down caused by the equipment defect in the Ministro Hales mine. And this in a way lead to the cancellation of few of Chinese smelters.
Codelco has announced that the roaster installed last December, which is used to eradicate the percentage of arsenic from the direct ore, was working at its 90% capacity until last month. The company insists on making the Minstro Hales mine in full capacity until September.
The deal made by the miner with Ocean Partners says that Codelco is looking for a long-term solution for their major problem, which is, removing arsenic impurities from the ore. The problem of arsenic impurities has been haunting the miner for a long time now.
5the company has definitely taken a high risk in this arrangement, as the miner was only used to the vast resources in Chile.
The company is expecting that the Ministro Hales mine will turn 23 billion, which will lead to the launch of the miner’s new projects.