BHP Approves Escondida Expansion

BHP Billiton (NYSE:BHP) has approved a US$200 expansion at its Escondida copper mine in Chile, SME net reported. Escondida is the largest copper mine in the world.
As quoted in the publication:

The Australian reported that BHP Billiton will overhaul its Los Colorados concentrator which will allow the company to capture 100 kt/d of ore processing capacity for less than $US200 million. BHP had previously planned to remove that concentrator in order access ore beneath it.

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