The Chilean mining company Minera Valle Central (MVC) has recently inaugurated the expansion of its fine tailings processing plant that treats tailings from the Cauquenes Dam. The startup ceremony was attended by President Sebastián Piñera, Minister of Mining Baldo Prokurica and Chairman of Codelco Juan Benavides, among other authorities.
With an investment of US $100 million, this expansion will produce, between 2019 and 2037, an additional 600,000 tons of copper and 36 million pounds of molybdenum, positioning itself as one of the most competitive firms in the Chilean mining industry.
Owned by Canada’s Amerigo Resources Ltd., Minera Valle Central (MVC) has spent 26 years developing sustainable technologies to recover copper and molybdenum from the new and old tailings from the Cauquenes and Colihues dams, property of Codelco’s El Teniente Division.
The startup of the new plant will increase the annual production from 18,000 tons to 40,000 tons of copper and from 750,000 pounds to 2,500,000 pounds of molybdenum.