Chile's National Copper Corporation (Codelco) is actively revitalizing copper mining as copper production has declined to its lowest level in 25 years. The company has invested significantly in what they term as "structural projects," including Rajo Inca. According to Reuters reports, Codelco announced on Tuesday that it has successfully extracted ore from the Rajo Inca project for the first time. With over 60% completion in construction, the Rajo Inca project is scheduled for full operation next year. This initiative aims to extend the lifespan of Codelco's smaller Salvador mine located in the northern part of the country. In a statement, Codelco mentioned that the Rajo Inca plan involves commencing metal selection by March next year, marking a pivotal step in extracting ore-bearing rocks. The mine's selection plant is set to enhance its capacity within seven months to process 37,000 metric tons of ore per day.
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