Chile

El Abra Mine

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Categories

Overview

Mine TypeOpen Pit
Commodities
  • Copper
  • Molybdenum
  • Gold
  • Silver
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life2039
ShapshotEl Abra’s large sulfide would support a potential major mill project similar to the large-scale concentrator at Cerro Verde. Technical and economic studies continue to be evaluated to determine the optimal scope and timing for the sulfide project.

In parallel, as part of the permitting process for the potential expansion, Freeport-McMoRan is planning for a potential submission of an environmental impact statement during 2025.

Owners

SourceSource
CompanyInterestOwnership
Codelco Corp. 49 % Indirect
Freeport-McMoRan Inc. 51 % Indirect
Sociedad Contractual Minera El Abra (operator) 100 % Direct
Freeport-McMoRan Inc has a 51 percent ownership interest in El Abra, and the remaining 49 percent interest is held by the state-owned copper enterprise Corporación Nacional del Cobre de Chile.

Contractors

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Deposit type

  • Porphyry

Summary:

The El Abra mine is a porphyry copper deposit that has sulfide and oxide mineralization. The predominant primary sulfide copper minerals are bornite and chalcopyrite. There is a minor amount of secondary sulfide mineralization as chalcocite. The oxide copper minerals are chrysocolla and pseudomalachite. There are lesser amounts of copper bearing clays and tenorite.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnits2023202220212020201920182017
Copper M lbs 000000000000000200173
All production numbers are expressed as cathode.

Operational metrics

Metrics202320222021202020192018
Daily mining capacity 000000000000000000000000000000214,000 t
Daily processing capacity 000000000000
Annual production capacity 000000000000000500 M lbs of copper cathode

Production Costs

CommodityUnits20182017
Cash costs Copper USD 2.13 / lb   2 / lb  
Net of By-Product.

Financials

Units20212020201920182017
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 596.1   501.1  
After-tax Income M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 20.8   31.3  

Heavy Mobile Equipment

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EV - Electric

Personnel

Mine Management

Source Source
Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Feb 26, 2024
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....................... Subscription required ....................... Subscription required Subscription required Feb 26, 2024
....................... Subscription required ....................... Subscription required Subscription required Feb 26, 2024
....................... Subscription required ....................... Subscription required Subscription required Feb 26, 2024
....................... Subscription required ....................... Subscription required Subscription required Feb 26, 2024
....................... Subscription required ....................... Subscription required Subscription required Feb 26, 2024

EmployeesContractorsTotal WorkforceYear
Subscription required 2023
Subscription required 2022
Subscription required Subscription required Subscription required 2021
Subscription required Subscription required Subscription required 2020
Subscription required Subscription required Subscription required 2019
Subscription required Subscription required Subscription required 2018
Subscription required 2017
Subscription required 2016
Subscription required 2015
Subscription required 2014

Aerial view:

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