Spanish water treatment firm Acciona Agua has announced that it will develop solutions for transporting iron concentrate for Chilean miner CMP, which is 75 percent owned by Santiago, Chile-based iron and steel company CAP Group, to carry out water conduits and iron ore concentrate project works related to the Minero Cerro Negro Norte Project located in the Copiapó Valley, in Chile's Atacama Region III.
According to the release, the contract involves the development of an integrated solution for the pumping of iron ore concentrate from the mining operation to the Punta Totoralillo port. It will also use a steel pipeline and a pumping in series system from the desalination plant, located on the coast, to provide water for the mining operations.
The budget for the project comes to US$143 million and the plant is expected to come into service in 2013. CMP is currently advancing Cerro Negro Norte's detailed engineering works. When completed, the mine will produce four million mt of iron ore concentrate annually over a period of 19 years.