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Codelco acquires 10% of Quebrada Blanca for $520M

The deal would add around 25,000-30,000tpa of copper to Codelco’s attributable production

Isabeau van Halm
Teck Resources' Quebrada Blanca in Chile (Credit: Teck)

The Quebrada Blanca mine in Chile. Credit: Teck Resources

Chile's state copper producer Codelco purchased 10% of the Quebrada Blanca mine from fellow state-run miner Enami for US$520 million. The sum will be paid in two instalments, the first $182 million...

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