How Hot Chili’s Huasco Water Project Could Transform Chile’s Copper Mining Landscape

• Preliminary Feasibility Study (PFS) shows post-tax NPV of US$122M and IRR of 19% for Stage 1
• Multi-stage water supply network planned – seawater supply (Stage 1), desalinated water expansion (Stage 2), and further network extension (Stage 3)
• MOUs signed with Hot Chili’s Costa Fuego Project and other mining and non-mining clients
• Project benefits from existing maritime concession enabling seawater extraction and desalination