BHP Seeks Permit for $1.5 Billion Cerro Colorado Restart

Dow Jones
Jul 02
 
 

BHP Group said it has filed an environmental permit application for a $1.5 billion project to reopen the Cerro Colorado in northern Chile.

The world's biggest miner by market value closed the mine in late 2023 but said it would explore options to restart operations there, including through the use of leaching technologies and desalinated water.

BHP said it plans to use treated wastewater transported through a pipeline of more than 100 kilometers, equivalent to 60 miles, from the municipality of Alto Hospicio to the mine site. The project could enable the mine to run for another 20 years, BHP said.

 

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

 

(END) Dow Jones Newswires

July 01, 2026 20:51 ET (00:51 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10