Hot Chili Executes MOU for Port Agreement
Filed with ASX · · 5 pages · English
Summary by 6ix AI
Hot Chili Limited has executed a Memorandum of Understanding with Puerto Las Losas SA to negotiate a binding Port Services Agreement for its Costa Fuego project in Chile. The agreement includes a commitment to jointly fund a feasibility study for a bulk concentrate export facility at Las Losas Port. Hot Chili will cover a portion of the study's costs, which is expected to take two years to complete. This MOU provides Hot Chili with a right of first refusal to ship copper concentrates through the port for three years after the study's completion.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
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Earlier from Hot Chili
- Hot Chili Advances Regional Water Supply Opportunity
- MRE Update - Costa Fuego Indicated Resource Increases
- Hot Chili Executes Option to Acquire Cometa Project in Chile
- HCH Completes DD & Enters US3.3M Option Agreement-Cometa
- HCH Commence Next Phase of Expansion Drilling at Costa Fuego
Later from Hot Chili
- Hot Chili Submits Second Maritime Application
- Hot Chili Secures Addition to Costa Fuego Copper Hub Chile
- HCH to undertake a Capital Raising by Private Placement
- Suspension from Quotation
- Reinstatement to Official Quotation
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