BHP Secures First Environmental Approval for $14.7 Billion Escondida Copper Expansion
BHP Wins Environmental Approval to Begin Major Expansion of Chile’s Escondida Copper Mine BHP Group has secured its first major environmental approval for the expansion of the Escondida copper mine in Chile, allowing the company to begin early-stage work on a broader investment programme worth up to $14.7-billion. Chile’s Antofagasta Environmental Assessment Commission approved initial works covering sulphide leaching activities and electricity infrastructure upgrades, a BHP spokesperson confirmed. The first phase of the expansion is expected to cost about $1.3-billion and will be followed by further upgrades to mining and…
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