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Mercados

Chile's Codelco announces cancellation of desalination project contract

SANTIAGO, Dec 20 (Reuters) - Chile’s state copper miner Codelco said on Friday it would cancel a contract awarded in November to a consortium led by Japanese firm Marubeni to construct a desalination plant to feed its northern mines.

“Between awarding the tender and signing the contract we identified adjustments to be made to the project, prompting a decision to redefine the tender, which will take place within the next 24 months,” the company said in a statement.

MTT, the consortium that won the tender, is made up of Marubeni, Transelec and Techint. (Reporting by Fabian Cambero; writing by Aislinn Laing and Cassandra Garrison)

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