PDF

Long Term Optimization of Investment and

Felipe Caro, Jaime Catalán

2026enminingoptimizationcopperproductioninvestment

Abstract

Language:

Since 1999, Codelco and the Department of Industrial Engineering of the University of Chile have collaborated to develop a computational system aimed at optimizing long-term mining plans. The initial optimization model was introduced at El Teniente, the largest underground copper mine operational today, utilizing a network-flow approach that began at the extraction stage on a block level and incorporated downstream processes, including crushing and concentration. Subsequently, a similar model was deployed for Codelco’s open-pit mines in northern Chile. Currently, these models are integrated into a unified computational system capable of evaluating production plans across multiple mines—both underground and open-pit—that may share processing stages or transportation means, such as a railway network. This system is a crucial element in the planning cycle and has significantly enhanced the company's overall value, addressing the existing challenges of increasing operational capacity and efficiency while necessitating substantial investments in production infrastructure and new mineral deposits.

Download

Cite This Work

@article{f1c4be17-ce3f-41e8-8cf8-35e4ef0f5380,
  title={Long Term Optimization of Investment and},
  author={Felipe Caro and Jaime Catalán},
  year={2026},
  language={en}
}
TY  - JOUR
TI  - Long Term Optimization of Investment and
AU  - Felipe Caro
AU  - Jaime Catalán
PY  - 2026
LA  - en
ER  -

Similar Items

Extractive Metallurgy of Copper, Fifth Edition Mark E. Schlesinger, Matthew J. King, Kathryn C. Sole, ( WeLib.org )

Mark E. Schlesinger, Matthew J. King

This book presents a comprehensive overview of the principles and practices of copper extraction metallurgy. The objective is to provide both a theore

2026enPDF

Treatment of manufacturing scrap TV boar

The leachability tests for manufacturing scrap TV boards (STVB) have indicated the release of metals beyond the limit levels with potential problems f

2026enPDF

10.1080 08827509208952675.pdf HABASHI, FATHI ( WeLib.org )

FATHI HABASHI

In the past few years, extractive metallurgy has been advancing gradually, despite the absence of remarkable new ideas. This paper aims to summarize t

2026enPDF

729490895 TFC Jordi kayombo

Copper solvent extraction units at large hydrometallurgical plants face constraints in metal recovery, phase disengagement, and reagent consumption, d

2026enPDF

BLAST FURNACE IRONMAKING: Analysis, Control, and Optimization

Ian Cameron, Mitren Sukhram

This book delves into the intricate processes involved in blast furnace ironmaking, emphasizing the analysis, control, and optimization of operations.

2020enPDF

Metallurgical Plant Design and Operating Strategies

P Card, J Canterford

This document presents a collection of papers from the METPLANT 2011 conference focusing on metallurgical plant design and operating strategies. The o

2011enPDF