Chile's Collahuasi Plan to share Resources with Canada's Teck Resources

SMM1, 10th: Gomez (Jorge Gomez), chief executive of the Coravasi (Collahuasi) copper mine in Chile, said on Wednesday that the company was working with Canada's Teck Resources Ltd. Negotiations on resource sharing.

"We have a lot in common," Gomez told reporters at an event in San Diego. "We have been talking about it, which is helpful to them and to us in terms of architecture and future development."

"We have a lot in common," Gomez told reporters at an event in San Diego. "We have been talking about it, which is helpful to them and to us in terms of architecture and future development."

"it doesn't make much sense for the two companies to work so closely together and double their cooperation on these things." Coravasi is considering building a pipeline to transport the rest of the seawater from the desalination plant in (Quebrada Blanca) in Tecker Brenda Blanca to his own mine as a backup resource.

"eventually, they will have a surplus that we can use," he says. " Chile's copper industry will triple the use of seawater in industrial processes over the next decade, Chilean state copper company (Cochilco) said on Tuesday. At a time of growing water shortages, Chile is the world's largest copper producer.

At the end of December, Coravasi, one of Chile's largest mines by production, submitted to the local authorities an expansion plan of $3.2 billion, bringing its annual production to 710000 tons. Last month, Teck teamed up with (Sumitomo Metal Mining), a Japanese Sumitomo metals mining company, and Sumitomo (Sumitomo Corp) to increase the annual production of its aging Quebrada Blanca copper mine to 300000 tons from 23400 tons in 2017.

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