Los Bronces integrated project, Chile – update
Photo by Anglo American
Name of the Project
Los Bronces integrated project (LBIP).
Location
Chile, about 5 km away from the existing Los Bronces pit.
Project Owner/s
Multinational mining group Anglo American.
Project Description
Los Bronces has a significant underground copper endowment, with underground development permitted as part of the wider LBIP permit granted in 2023.
The project would partly replace lower-grade openpit tonnes with higher-grade underground tonnes. It will use the same plant and tailings deposit capacity as that of the current operation, without requiring any additional fresh water.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Capital expenditure is subject to ongoing studies.
Planned Start/End Date
First production is expected in the early 2030s.
Latest Developments
Studies are under way to develop a modern operation with minimal surface impact while maximising value delivery from the project. Studies include an evaluation of the expansion option in light of the Los Bronces/Andina joint mine plan from 2030, with the timing of this project being under review.
Contact Details for Project Information
Anglo American media, James Wyatt-Tilby, tel +44 20 7968 8759 or email james.wyatt-tilby@angloamerican.com.
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