Copper mining is a key sector of the Chilean economy, accounting for 45% of the country's exports, according to Santander Trade. The socio-economic value from #copper is essential to the people of #Chile, supporting thousands of jobs and creating crucial income streams.
About us
Los Andes Copper has a 100% interest in the Vizcachitas copper project in Chile, one of the largest advanced copper deposits in the Americas.
- Website
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http://www.losandescopper.com
External link for Los Andes Copper Ltd.
- Industry
- Mining
- Company size
- 11-50 employees
- Type
- Public Company
Locations
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Primary
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Santiago, CL
Employees at Los Andes Copper Ltd.
Updates
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#Copper continues to reach new highs, extending past $11,000/t yesterday in anticipation of a deepening supply deficit. #Vizcachitas's large resource base, competitive copper grade, and prime location make it optimal for development & production. https://ow.ly/kXlk50RP0ql
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One of the major end uses of #copper globally is the power grid. According to International Energy Agency (IEA), with increasing global electrification due to the #greentransition, the global power network needs to increase in length by 116% to 166.4 million km by 2050, creating further demand for copper.
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The #copper price has reached a two-year high of $10,239/t, fuelled by forecasts of a growing global supply deficit. #Vizcachitas is among the largest and lowest cost undeveloped copper projects, and could help mitigate this deficit ➡ https://ow.ly/KH9t50RFK90
Copper climbs to highest in two years as bulls see deficit
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Did you know that #copper has a high thermal conductivity? At 401 W/mK, it's the principal metal for heat sinks, keeping not just technology efficient, but even spacecraft! It's also used in HVAC systems to facilitate efficient heat transfer, helping us keep cool too.
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The scale of the #Vizcachitas project is evident in its 10.889 bn lbs of Proven & Probable Mineral Reserves. This spans a 26-year mine life, processing 136,000 tonnes daily.
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It's #WorldHealthDay! Los Andes is proud to be a developer of #copper, a critical mineral with key antimicrobial properties that is helping to advance public health.