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BHP to break from coal in Chile

The BHP-operated Escondida and Spence copper mines in northern Chile are set to pay US$840 million to end a 2008 energy contract with a thermal coal power generator as the companies seek to move towards renewable energy sources.

BHP to break from coal in Chile BHP to break from coal in Chile BHP to break from coal in Chile BHP to break from coal in Chile BHP to break from coal in Chile

Escondida in northern Chile

AES Gener said its agreement with the mines had been modified for power supply from its Angamos plant to end in August 2021.

Escondida will have to pay $730.