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Government Approves Anglo American Copper Project, BCCh President Speaks

CHILE
  • Chile approved a $3 billion-plus investment in a copper mine owned by Anglo American Plc despite some environmental concerns, a sign of the government’s willingness to boost production of a key raw material in the clean-energy transition. Government ministers voted unanimously to allow Anglo to add underground operations at its Los Bronces mine, overturning a decision by environmental regulators last year.
  • Separately, Chile’s Lower House constitutional committee will begin discussions today on a bill that would allow another round of pension withdrawals, according to information on the legislative chamber’s website. A previous bill that would have allowed a fifth round of withdrawals was rejected April 18, 2022.
  • Additionally, Central Bank President Rosanna Costa is due to speak in an event organized by the Sofofa industry chamber.

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