Tuesday, August 25
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Topic: infrastructure

Aerial view of the Escondida copper mine in Chile's Atacama Desert
Companies
Friday, 7/10, 09:37 PM

BHP Explores a Sale of Its Chilean Desalination and Power Assets

  • BHP, the world's largest miner, is weighing a sale of the desalination plant and power lines that supply its giant Escondida copper mine in Chile, in a deal Bloomberg reports could be worth up to about 2 billion dollars.
  • It would be the latest example of a miner cashing in infrastructure it built while keeping the water and power flowing, freeing up money for copper.

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