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Chile environmental authority OKs $5.4bn Codelco project

World No 1 copper producer Codelco said on Wednesday that Chilean environmental authorities approved its $5.4-billion Radomiro Tomic sulfides project, a key part of the state-owned company’s plans to boost production.

Codelco will build a 200 000 t/d concentrator and a 1 600 l/s sea-water desalinisation plant that will allow the new project, located in Chile’s arid Atacama desert, to operate without the use of fresh water.