Xstrata Copper acquired the right to explore Las Bambas through an international public tender.2004
Completed exploration of 306,908 accumulated drilled metres.2008
Completed Feasibility Study.2009
Held public hearing for the Environmental Impact Study (EIS) in Challhuahuacho, Cotabambas province, Apurímac region.
Signed contract with the government to transfer the Las Bambas mining concessions titles, with an investment of US $4.2 billion1.2010
The government approved the EIS after an extensive citizen participation process.
Communicated a 10% increase in the Las Bambas mineral resource, equivalent to 1.71 billion tonnes at a grade of 0.6% copper.2011
Engineered roads and main components for the start-up of the operation.
Began improvement of Las Bambas – Espinar road.
Allocated more than 60% of the investment for construction.2012
Glencore became owner of Las Bambas as part of its acquisition of Xstrata.
Made 65% progress on pioneering roads, 40% on concentrator plant, and 95% on improvement of Las Bambas – Espinar road.2013
EIS amendment submitted to allow ground transport of copper.
The joint venture of MMG Limited, Guoxin International Investment Co. Ltd. and CITIC Metal Co. Ltd. purchased Las Bambas.
Started physical resettlement of Fuerabamba community.2014
First production of copper concentrate as part of commissioning activities.
Commissioning and commenced ramp-up to full production.2015
First shipment of copper concentrate.
Commenced commercial production.2016