The miner said it will continue to provide updates as the structural assessment progresses and safety is assured for a full restart of operations.
The mine is able to recover an additional 10% of iron ore through the use of WHIMS technology, a rare innovation in conventional operations.
This agreement extends for 36 months the services, including subway development, mine production and related operations.
The company will deploy iron ore transshipment assets at the port of Wyndham.
The largest fleet of mining trucks already operates in extreme conditions under full autonomous control.
The plant plans to create 20 direct jobs and more than 100 indirect jobs, boosting Antofagasta’s local economy.
The company remains committed to technologies that improve environmental performance and safety.
The current phase of the initial well will be extended for five months.
The integration of state-of-the-art technology and environmental planning establishes the mining project as a vital component of the U.S. energy security strategy.
The company plans to structure sales and purchase agreements for the entire production during the financing period.
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