Xstrata Copper aims to reach a global production
Xstrata Copper Two years ago created the South Operations Division and Lima as its hub. During 2010, 68% of Xstrata’s copper production came from its South American operations, including production attributable to its joint ventures Collahuasi (Chile) and Antamina (Peru), says Joseph Maroun, executive vice president of Operations South America Xstrata Copper.
“The remaining 26% comes from the division North Queensland, Australia, and 6% of Canada division. In this regard, South America accounts for 74% of our operating results, “said Maroun.
Currently, Xstrata Copper is at a stage of growth that will achieve worldwide production of 1.5 million tonnes of copper in 2015, 50% more than its current production. “This growth is mainly based on approved projects in South America, a region in 4 years represent 83% of copper production of the company.”
- Why Lima is the center of Xstrata Copper Sudamerca?
- This decision is based on the larger projects span, currently under construction. are located in our country. “Peru will be relevant to the growth of Xstrata Copper, as well as expansions of Tintaya-Antapaccay and our joint venture Antamina, develop world-class project Bambas, one of the most important projects that have been developed in Peru, with an investment of U.S. $ 4,230 million and we report an initial production of 400,000 tons. of copper in concentrate per year, including important byproducts of gold, silver and molybdenum. The implementation of this mine is estimated for the second half of 2014, “he said.
As executive vice president of Operations South of Xstrata Copper, Joseph Maroun manages teams Lomas Bayas mine in Chile, Tintaya-Antapaccay in Peru, and Alumbrera in Argentina.
“The America Project Development Division has extensive coordination with the El Pachón project in Argentina and Chile, and the development of Las Bambas in Peru.”
In addition, the Operations Division South America has excellent opportunities to capitalize on synergies, making profits when demand goods and services on a large scale, and thus for our company mitigate the cost pressure is living industry.
In the area of procurement and contracts have an important regional integration of materials and key inputs are enabling us to have significant cost controls in an inflationary environment in the sector. We have initiated a strategy that is taking shape in cross-development and training in all our operations, generating multiple capabilities and partnership as we have with Bechtel, “noted Maroun.
OPERATIONS AND PROJECTS
“We have a production line to what was achieved in 2010. Last year, 67,600 tons Tintaya produced 25,300 tons of concentrate and copper cathode, Lomas Bayas reached the 72,000 ton. Alumbrera cathode and had a production of 140,300 tons. of concentrate. This is compounded by the Xstrata Copper output attributable to its joint ventures with Collahuasi, in Chile, with 465,000 tons. concentrate, and Antamina in Peru. that reached 320 000 tons. of copper in concentrate, “Vice President of Operations aeñaló Xstrata.
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Posted in Copper production, industry | Tags: copper production, important byproducts, living industry, world-class project