Freeport plans $7.5bn boost to Chile's El Abra copper output.

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    "url": "https://www.mining-technology.com/news/freeport-plans-boost-el-abra-copper-output",
    "title": "Freeport plans $7.5bn boost to Chile's El Abra copper output.",
    "amount": "$7.5bn",
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    "excerpt": "Freeport plans $7.5bn boost to Chile's El Abra copper output.\n\nThe company is set to build new concentrator and desalination plants as well as additional tailings storage at the El Abra mine.\n\nFreeport-McMoRan has applied for environmental approval for a $7.5bn project aimed at significantly increasing copper production at its El Abra mine in Chile.\n\nThe US-based company announced that the project involves constructing new concentrator and desalination plants as well as additional tailings storage, reported Bloomberg.\n\nIf approved, the expanded operations are expected to commence in 2033, potentially raising annual copper output by more than 300,000t.\n\nFreeport holds a 51% stake in the El Abra operation, while Codelco owns the remaining 49%.\n\nThe proposed expansion comes at a time when global demand for copper is rising due to the widespread adoption of electric vehicles and an increase in AI data centres.\n\nHowever, miners are faced with challenges such as declining ore quality and more complex and costly mining conditions.\n\nFreeport's decision-making process is ongoing, with a final investment decision yet to be made.\n\nThe development is part of a broader industry movement in Chile, encouraged by President Jose Antonio Kast's pledges to streamline permitting processes, which have historically slowed down mining projects.\n\nIn this context, Freeport executives met with Chile's...",
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    "found_at": "2026-03-19T00:00:00Z",
    "location": "Chile, South America, Americas",
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    "image_url": "https://www.mining-technology.com/wp-content/uploads/sites/19/2026/03/Mining-2-20Mar26-shutterstock_1265488720.jpg",
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    "published_at": "2026-03-20T09:21:31Z",
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        "region": "South America",
        "country": "Chile",
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    "article_sentence": "Freeport-McMoRan has applied for environmental approval for a $7.5bn project aimed at significantly increasing copper production at its El Abra mine in Chile.",
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