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Mantos Copper arranges finance for US$847M Mantoverde expansion

Private company Mantos Copper has announced a US$846.6 million financing package for the Mantoverde copper expansion project in northern Chile which will extend its life until at least 2041 while reducing its operating costs.

Mantos Copper arranges finance for US$847M Mantoverde expansion Mantos Copper arranges finance for US$847M Mantoverde expansion Mantos Copper arranges finance for US$847M Mantoverde expansion Mantos Copper arranges finance for US$847M Mantoverde expansion Mantos Copper arranges finance for US$847M Mantoverde expansion

Mantos Copper' Manto Verde in Chile

The $571.6 million debt package includes $520 million of senior secured debt with a 12-year term and a senior 10-year credit line of $51.6 million for the mine closure bonding facility.