PRESIDENT ANDEAN REGION, TECHINT INGENIERÍA Y CONSTRUCCIÓN
"Currently our Chile team has over 6,000 people, out of 21,000 people for Techint Engineering and Construction globally, and this shows the current strength of Chile’s operations."
"The next stage of our growth story has begun. In Q1 2024, we started the construction of the Centinela Second Concentrator Project, which will add a further 170,000 t/y of copper-equivalent production."
"We expect progressively stronger copper production from Quebrada Blanca in each quarter throughout the rest of the year as we ramp up to full capacity by year-end."
"2023 was a very good year for Glencore's operations in Chile. It was a year of great milestones, considering some of the events that took place at our sites."
"Costa Fuego is well-positioned for the looming shortage in copper supply. The project features a low start-up capital with a fast payback period, 16 years of mine life, and an average annual production of 95,000 t of fine copper."
"Most of the uncertainties in the sector have been resolved. There is human capital to make mining possible, and stable institutions and transparency to give foreign investors peace of mind."
This pre-release, containing insights from executives across leading African upstream, downstream, financing, and service providers, spotlights developments in local capabilities, infrastructure, and new projects that are driving change in some of Africa's most interesting oil and gas producing countries.