The downturn is expected to be driven by excess supply, softer demand growth, and elevated inventory levels across the value chain.
The licence covers the Maronan deposit and mine infrastructure within the company’s wholly owned EPM.
The project is situated in the Commune of Illapel, Choapa Province, around 250km north of Santiago.
The approval was issued by the Nevada Department of Environmental Protection through the Bureau of Air Pollution Control.
The service provides mining operations with real-time access to subsurface conditions.
The funding accelerates commercialisation of MacLean's GR8 EV Grader, the inaugural model from its Surface Mining Vehicle division.
