Mariposa is Admiralty's flagship open-pit magnetite project south of Vallenar. It remains in construction and pre-production ramp-up, with trial concentrate output, export shipments, grid-power commissioning and expansion works underway; Hainan funds and manages project development and operations under a joint operating agreement while Admiralty retains 20% of notional net profit after tax.
- Country
- Chile
- Commodity
- Fe
- Stage
- Construction