Japan’s JX aims to boost Chile copper mine output by 13% in 3 years

Japan’s JX Nippon Mining & Metals plans to boost annual copper output at its Caserones mine in Chile by 13% in the next three years, aiming to book an annual net profit by 2022/23, according to President Seiichi Murayama. “We plan to spend $140 million in the development of rare metals in the next three years,” he said. JX plans to increase Caserones’ annual copper output to 171,000 tonnes by March 2023.

Source: Nasdaq