Chilean Authorities Order Permanent Closure of Alcaparrosa Mine
Jan 30, 2025

Chilean Authorities Order Permanent Closure of Alcaparrosa Mine

In a decisive move, Chile's environmental authority, SMA, has mandated the "total and definitive" closure of Lundin Mining's Alcaparrosa mine. The announcement follows a nearly three-year investigation into a significant sinkhole that appeared near the mine in 2022. Read more here.

The sinkhole, measuring 36 meters in diameter, emerged in the Tierra Amarilla commune and quickly gained international attention. Initial findings by SMA attributed the cause to ore over-extraction at the mine site.

On Thursday, the SMA concluded its probe by identifying four environmental violations by the company, which include over-extraction of minerals, unauthorized infrastructure modifications, and breaches of environmental permits. Consequently, Lundin Mining is not only facing the permanent closure of its operations at Alcaparrosa but must also pay a $3.4 million fine.

According to IndexBox, Chile's mining sector has shown resilience despite such regulatory actions, continuing to play a vital role in the country's economy. However, occurrences like the sinkhole at Alcaparrosa highlight the ongoing challenges of balancing industrial activity with environmental stewardship.

Source: IndexBox Market Intelligence Platform

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    9. Exports, In Physical Terms, By Country, 2012–2024
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  13. LIST OF FIGURES

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    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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