Overview
- Glencore lays out a staged schedule with site works through 2026–2027, operations restarting in late 2026, first production in the first half of 2028, and peak activity in 2029–2030.
- Employment is set to rise from roughly 400 workers on site today with 150–200 hires planned in 2026 and a projected peak workforce near 900 at full ramp-up.
- Initial spending will refurbish the concentrator, mineroduct and filter plant, with Glencore prioritizing local suppliers and training to meet safety and quality standards.
- The reopening is framed as a bridge to the larger Agua Rica development, enabling a planned transition of labor as that project targets production around 2030.
- The company estimates Alumbrera could produce about 75,000 tonnes of copper plus byproducts over roughly four years once online.