Construction of the new Minerals Quay at the Peruvian port of Callao will begin by the end of the second quarter this year. The Callao Transporter Consortium has been awarded a 20- year concession and will invest $120.3 million in the project.
The operator will install a fixed conveyor system and a hermetically sealed shipload, thereby eliminating 130,000 truckloads each year being moved between the stockpile and the port. Vessels of up to 60,000dwt will be able to call.
The new infrastructure, which will be located adjacent to the northern breakwater, should become operational by mid- 2013 just in time to handle production from the Toromocho mines owned by Minera Chinalco. In fact, the new facility will be responsible for the export of 100% of mineral traffic generated by Central Peru, with 16 mining companies are already committed to using it.