BHP Billiton in ‘advanced’ talks to sell Cerro Colorado copper mine in Chile
The company has officially informed workers of its plans to offload the mine, noting that while there are several interested parties, the process could take months.
Significant volumes of unwanted Russian-origin copper have been deposited in London Metal Exchange approved warehouses in Germany, the Netherlands and Taiwan since the middle of September.
Some of the biggest copper mines in the world are turning to different ways to get their metal to port after an increase in train robberies spurred the suspension of rail services in northern Chile.