El Teniente’s first-half production is tracking lower than the same period last year as it repairs areas of the underground operation affected by the collapse last June.

The upsized financing represents nearly double the initial offering amount.

The move will give Palamina access to strategic copper and silver projects in the country, including the Vicus Pluma project.

The company is accelerating the next phase of its recycling project to demonstrate that its hydrometallurgical black mass process is scalable, profitable, and can be implemented at other locations.

The study forecasts an initial capex of $388 million and an after-tax NPV of $501 million.

Exchange data showed a wait of 159 days for aluminum at warehouses owned by Istim Metals at Port Klang in Malaysia at the end of May.

Despite the suspension, the company said it still expects to achieve its budgeted production in the third quarter.

Eddy will be on the new board of directors from the closure of MIND ID transactions, expected this month, until 2027.