ASX-listed Hot Chili has inked a formal agreement with Chilean-government agency Empresa Nacional de Mineria (Enami) for the lease mining and processing of ore from the Productora copper/gold project, in Chile.
Hot Chili said on Tuesday that the agreement provided a low-risk pathway to bring forward first production from the company’s coastal copper hub, while also providing certainty of ore supply and employment at Enami’s nearby processing facility in the township of Vallenar.