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Category: Latin America

Operations halted at El Teniente mine

The El Teniente mine, located in the O'Higgins region, suffered a collapse on 31 July. The collapse in the Andesita sector of the mine is understood to have been as a result of seismic activity that registered 4.2 on the Richter scale. It remains unknown whether the seismic activity was caused by the mining operations or natural activity, according to industry sources. Underground operations are to be halted for an unknown period of time while the open air sector, which represents around 10% of the total production, will remain open, according to industry participants.

Green ammonia project ‘paused’

Spanish company Ignis has decided to pause work on the renewable energy generation projects it had planned in Chile’s Magallanes region. In a press statement, Ignis said that: “even though we firmly believe that this industry will develop and mature, the company is considering a longer time frame than initially planned and a reduction in the project to adapt it to this new reality.” The company was developing a wind farm to supply the green ammonia plant with hydrogen, but reportedly found the process of leasing the land area to build the turbines slower and more difficult than it had hoped.