Infrastructure deal warms Hot Chili

摘要

Hot Chili Ltd managing director Christian Easterday denied it was a deliberate stunt, but his company could not have better timed the announcement of a key infrastructure deal for its Productura copper project. On the last day of Diggers & Dealers, Hot Chili confirmed it had executed an MoU with Compafiia Minera del Pacifico SA (CMP) that would see the Chilean major acquire a 17.5% stake in the ASX-listed junior in return for providing surface rights, easements and a 35% interest in certain Productora leases.