SANTIAGO: Glencore Plc is moving forward with a new extraction technology at its copper mine in northern Chile as part of the industry’s efforts to squeeze out more metal from lower quality ore.
After two years of laboratory trials, Glencore’s Lomas Bayas mine agreed to begin on-site testing at scale of a leaching process developed by Ceibo, the Chilean startup backed by BHP Group, the two firms said on Tuesday. They didn’t offer investment estimates.
