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Anglo American (through its 50.1%-owned subsidiary Anglo American Sur) and Codelco have entered into a definitive agreement to implement a joint mine plan for their adjacent Los Bronces and Andina copper operations in Chile. The plan is expected to unlock an additional 2.7 million tonnes of copper production over 21 years, with permits expected in 2030, and generate a pre-tax NPV uplift of at least $5 billion.
“Anglo American and Codelco announce that they have entered into a definitive agreement to implement a joint mine plan for their adjacent copper operations, Los Bronces and Andina, in Chile.”data.fca.org.uk
Summarized from public sources; check the original articles before acting on it.