Initial capital expenditure of US equates to a capital intensity of US/lb of copper. The high capital cost reflects the remote location in Peru at 4,000m above sea level, the large scale of the mine and 51Mtpa concentrator, and the construction of the new town of Nueva Fuerabamba to relocate the local community.
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1. Only includes mines producing copper as primary commodity Largest greenfield copper development in the 2017 forecast production capability1 past 10 years Copper in copper concentrate production 2016 actual: 330,227 tonnes 2017 guidance: 420,000 – 460,000 tonnes Long life asset: initial 20+ year mine life
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