The company has signed a memorandum of understanding with Porto do Açu, a major Brazilian seaport and industrial hub, to study the feasibility of installing a 300-megawatt green hydrogen plant onsite.
A growing number of research organizations, universities and governments have started gaming out the gritty geopolitical implications of a globe dominated by green energy.
As most majors miners that have reported results this year, Antofagasta delivered a bumper final dividend of 48.5 cents, 52% higher than consensus forecasts.
Individuals involved in the blockade believe that the annual payments and infrastructure improvements made to the local communities should increase significantly.