Chilean Copper Smelter Project
Sector: Metal • Location: Antofagasta, Chile
Source: Reuters
Codelco and Glencore have signed an initial agreement to collaborate on a smelter project in Chile's Antofagasta region. The smelter will have a capacity to process about 1.5 million metric tons of copper concentrate per year. Glencore will conduct a pre-feasibility study, with plans to finalize the agreement in the first half of 2026. Construction is expected to start in 2030, with operations beg
- Status
- Prospective
- Sector
- Metal
- Location
- Antofagasta, Chile
- Updated
- 22 Jul 2026
- Source
- Reuters
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Codelco and Glencore have signed an initial agreement to collaborate on a smelter project in Chile's Antofagasta region. The smelter will have a capacity to process about 1.5 million metric tons of copper concentrate per year. Glencore will conduct a pre-feasibility study, with plans to finalize the agreement in the first half of 2026. Construction is expected to start in 2030, with operations beginning between 2032 and 2033. The project aims to increase Chile's smelting capacity and strengthen the country's strategic security. |
Original sector | Mining |
Budget |
Location
Country | Chile |
City | Antofagasta |
Source
Source | Reuters |
URL |
More Details
Record type | Project |
Sector | Metal |
Article published date | 2025-12-07 |
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