{"id":775050,"date":"2026-07-02T21:01:29","date_gmt":"2026-07-02T21:01:29","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/775050\/"},"modified":"2026-07-02T21:01:29","modified_gmt":"2026-07-02T21:01:29","slug":"mining-giants-billion-dollar-bid-to-reopen-copper-mine-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/775050\/","title":{"rendered":"Mining giant&#8217;s billion-dollar bid to reopen copper mine &#8211; News"},"content":{"rendered":"<p class=\"mb-4 font-serif text-lg sm:text-lg group-[.is-premiumproperty]:font-sans\">Global \u200cminer BHP \u200chas filed an environmental \u200cpermit \u200capplication \u2060to reopen \u200bChile\u2019s Cerro Colorado copper \u2060mine \u200cat \u200ba \u200bcost of $US1.5 billion.<\/p>\n<p class=\"mb-4 font-serif text-lg sm:text-lg group-[.is-premiumproperty]:font-sans\">The Australian mining giant \u200bdid not immediately respond to a request for comment.<\/p>\n<p class=\"mb-4 font-serif text-lg sm:text-lg group-[.is-premiumproperty]:font-sans\">Cerro Colorado, a small mine in BHP\u2019s Chilean portfolio, produced about 1.2 per cent of Chile\u2019s total copper output.<\/p>\n<p class=\"mb-4 font-serif text-lg sm:text-lg group-[.is-premiumproperty]:font-sans\">Copper miners across Chile, the world\u2019s top producer of the red metal, have been forced in recent years to find alternative means to feed water to their operations as drought and receding aquifers have hampered operations. Many have sharply reduced use of continental freshwater or turned to desalination plants.<\/p>\n<p class=\"mb-4 font-serif text-lg sm:text-lg group-[.is-premiumproperty]:font-sans\">Copper demand is forecast to rise 70 per cent between 2021 and 2050, creating opportunities and challenges for Chile, which already produces a quarter of the world\u2019s supply.<\/p>\n<p class=\"mb-4 font-serif text-lg sm:text-lg group-[.is-premiumproperty]:font-sans\">BHP owns the giant Escondida copper mine and has operated in Chile for over 30 years.<\/p>\n<p class=\"mb-4 font-serif text-lg sm:text-lg group-[.is-premiumproperty]:font-sans\">-with AP<\/p>\n","protected":false},"excerpt":{"rendered":"Global \u200cminer BHP \u200chas filed an environmental \u200cpermit \u200capplication \u2060to reopen \u200bChile\u2019s Cerro Colorado copper \u2060mine \u200cat \u200ba&hellip;\n","protected":false},"author":2,"featured_media":775051,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[64,63,99],"class_list":["post-775050","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-au","tag-australia","tag-business"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/775050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=775050"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/775050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/775051"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=775050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=775050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=775050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}