IBOV 170,415 ▼ 0.63% IPSA 10,879 ▼ 0.40% IPC MEX 68,208 ▲ 1.84% MERVAL 3,352,708 ▼ 0.01% COLCAP 2,386.78 ▲ 1.53% BVL PERÚ 56,473.49 ▼ 0.01% USD/BRL5.07▲ 0.10% USD/MXN17.19▼ 0.24% USD/CLP888.73▼ 0.31% USD/COP3,429▼ 1.78% USD/PEN3.40▲ 0.09% USD/ARS1,429▼ 0.07% USD/UYU40.35▲ 1.21% USD/PYG6,094▲ 1.39% USD/BOB6.86▲ 0.15% USD/DOP58.49▲ 0.81% USD/CRC452.40▲ 2.18% USD/GTQ7.61▲ 2.20% USD/HNL26.66▲ 1.33% USD/NIO36.62▲ 0.72% USD/VES591.04▲ 0.74% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.29▲ 0.23% USD/TTD6.76▲ 1.43% EUR/BRL5.88▲ 0.25% BRENT 81.15 ▼ 2.43% WTI 77.52 ▼ 4.00% IRON ORE 161.91 — — COPPER 6.49 ▲ 0.08% GOLD 4,365 ▲ 0.85% SILVER 70.59 ▲ 0.74% SOY 1,126 ▲ 0.58% CORN 412.50 ▼ 0.72% WHEAT 587.75 ▼ 0.34% COFFEE 258.35 ▼ 1.75% SUGAR 14.06 ▲ 2.78% ORANGE JUICE 154.05 ▼ 5.66% COTTON 76.85 ▲ 4.66% COCOA 4,109 ▲ 5.85% BEEF 243.38 ▼ 2.60% CATTLE 361.38 ▲ 1.11% LITHIUM 84.08 ▲ 4.14% PETR4 39.06 ▼ 5.15% VALE3 81.16 ▲ 2.51% ITUB4 40.40 ▼ 0.49% BBDC4 17.65 ▼ 0.84% ABEV3 16.57 ▼ 0.24% BBAS3 19.39 ▼ 0.36% B3SA3 15.14 ▼ 0.59% WEGE3 42.78 ▲ 0.40% PRIO3 57.10 ▼ 6.91% SUZB3 42.59 ▲ 2.58% RENT3 40.65 ▼ 0.12% AZZA3 17.44 ▲ 1.45% CSAN3 3.27 ▼ 2.10% RAIZ4 0.42 ▼ 2.33% PCAR3 1.76 ▲ 13.55% GMAT3 3.95 ▼ 0.25% PSSA3 49.95 ▼ 1.07% CVCB3 1.38 ▼ 0.72% POSI3 3.75 ▲ 3.02% SLCE3 14.12 ▼ 0.91% NATU3 8.48 ▼ 0.93% BRKM5 9.32 ▲ 2.42% RANI3 7.90 ▼ 0.63% CSNA3 6.09 ▲ 0.66% CMIN3 4.39 ▲ 2.09% USIM5 10.80 ▼ 0.46% GGBR4 23.36 ▼ 2.18% ENEV3 25.06 ▲ 2.12% NEOE3 33.80 — 0.00% CPFE3 44.07 ▼ 0.79% CMIG4 10.73 — 0.00% EQTL3 38.42 ▼ 0.90% LREN3 15.31 ▼ 0.46% VIVT3 33.14 ▼ 1.16% RAIL3 13.27 ▼ 0.67% KLABIN 17.11 ▲ 1.36% RAIA DROGASIL 17.29 ▼ 0.97% RDOR3 33.80 ▼ 0.82% HAPV3 11.42 ▲ 0.18% FLRY3 14.98 ▼ 1.32% SMTO3 16.12 ▲ 2.03% UGPA3 24.10 ▼ 2.82% VBBR3 28.74 ▼ 1.41% BBSE3 37.78 ▼ 0.24% BPAC11 50.88 ▲ 0.97% CURY3 33.08 ▲ 3.02% AERI3 2.34 ▲ 0.43% VIVARA 21.59 ▲ 1.22% COMPASS 25.06 ▼ 0.91% VAMOS 2.98 ▼ 1.65% SANB11 27.09 ▼ 0.15% ASAI3 7.97 ▼ 1.60% SBSP3 27.87 ▲ 1.20% WALMEX 52.69 ▲ 1.17% GMEXICO 214.17 ▲ 2.14% FEMSA 217.48 ▼ 2.32% CEMEX 22.26 ▼ 0.49% GFNORTE 187.01 ▼ 0.87% BIMBO 58.25 ▲ 0.17% TELEVISA 10.20 ▲ 2.51% AMX 23.43 ▼ 1.88% GAP 425.59 ▲ 4.12% ASUR 301.00 ▲ 4.85% OMA 235.98 ▲ 7.64% KOF 185.07 ▼ 1.54% GRUMA 292.33 ▼ 1.26% KIMBER 37.45 ▼ 0.11% SQM-B 74,150 ▼ 1.79% COPEC 6,000 ▼ 1.96% BSANTANDER 73.99 ▲ 0.53% FALABELLA 5,970 ▲ 0.34% ENELAM 79.00 ▼ 0.72% CENCOSUD 2,275 ▲ 1.20% CMPC 1,058 ▼ 0.19% BANCO CHILE 180.51 ▼ 0.82% LATAM AIR 24.60 ▲ 2.76% YPF 83,400 ▼ 0.36% GGAL 8,210 ▼ 0.73% PAMPA 5,290 ▼ 0.28% TXAR 694.00 ▼ 0.93% ALUAR 1,029 ▲ 0.19% TGS 9,875 ▼ 0.25% CEPU 2,371 ▼ 1.00% MIRGOR 17,150 ▼ 0.72% COME 44.98 ▼ 2.34% LOMA NEGRA 3,750 — 0.00% BYMA 305.50 ▲ 0.74% TELECOM ARG 4,570 ▼ 3.89% ECOPETROL 15.69 ▼ 5.37% BANCOLOMBIA 80.14 ▼ 0.07% GRUPO AVAL 5.47 ▼ 1.44% CREDICORP 362.32 ▼ 1.96% SOUTHERN COPPER 193.22 ▲ 1.81% BUENAVENTURA 34.86 ▲ 4.31% MERCADOLIBRE 1,646 ▲ 3.57% NUBANK 12.43 ▲ 1.97% XP 15.81 ▼ 1.31% PAGSEGURO 8.87 ▼ 1.00% STONE 10.99 ▼ 2.40% GLOBANT 36.87 ▼ 1.65% TECNOGLASS 43.88 ▲ 0.21% GAP AIRPORT 247.19 ▲ 4.35% ASUR 301.00 ▲ 4.85% OMA AIRPORT 109.00 ▲ 7.10% AMX ADR 27.18 ▼ 2.05% FEMSA ADR 126.34 ▼ 2.34% CEMEX ADR 12.89 ▼ 0.69% PETROBRAS ADR 17.34 ▼ 5.66% VALE ADR 16.00 ▲ 1.85% ITAU ADR 7.95 ▼ 0.50% SANTANDER BR 5.40 ▼ 0.37% AMBEV ADR 3.25 — 0.00% CSN 1.23 ▲ 0.82% GERDAU 4.67 ▼ 1.75% LATAM ADR 54.86 ▲ 3.02% BTC 66,625 ▲ 0.51% ETH 1,798 ▲ 0.19% SOL 74.99 ▲ 1.37% XRP 1.24 ▲ 0.21% BNB 615.37 ▼ 0.33% ADA 0.18 ▲ 0.81% DOGE 0.09 ▲ 0.52% AVAX 6.97 ▲ 1.94% LINK 8.36 ▲ 0.77% DOT 1.03 ▲ 1.55% LTC 45.64 ▼ 0.36% BCH 225.25 ▲ 0.31% TRX 0.32 ▼ 0.28% XLM 0.23 ▲ 5.34% HBAR 0.08 ▲ 2.34% NEAR 2.52 ▲ 5.68% ATOM 2.00 ▲ 1.80% AAVE 75.12 ▲ 1.78% SELIC 14.50% EMBRAER 77.99 ▲ 7.06% EMBRAER ADR 61.50 ▲ 6.40% JBS 12.19 ▼ 2.79% JBS BDR 61.45 ▼ 2.43% MBRF3 15.78 ▼ 1.31% MBRFY 3.09 ▲ 0.10% INTER 5.82 ▲ 0.87% IBOV 170,415 ▼ 0.63% IPSA 10,879 ▼ 0.40% IPC MEX 68,208 ▲ 1.84% MERVAL 3,352,708 ▼ 0.01% COLCAP 2,386.78 ▲ 1.53% BVL PERÚ 56,473.49 ▼ 0.01% USD/BRL 5.07 ▲ 0.10% USD/MXN 17.19 ▼ 0.24% USD/CLP 888.73 ▼ 0.31% USD/COP 3,429 ▼ 1.78% USD/PEN 3.40 ▲ 0.09% USD/ARS 1,429 ▼ 0.07% USD/UYU 40.35 ▲ 1.21% USD/PYG 6,094 ▲ 1.39% USD/BOB 6.86 ▲ 1.83% USD/DOP 58.49 ▲ 0.81% USD/CRC 452.40 ▲ 2.18% USD/GTQ 7.61 ▼ 0.01% USD/HNL 26.66 ▲ 1.33% USD/NIO 36.62 ▲ 0.72% USD/VES 591.04 ▲ 0.74% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 0.23% USD/TTD 6.76 ▲ 1.43% EUR/BRL 5.88 ▲ 0.25% BRENT 81.15 ▼ 2.43% WTI 77.52 ▼ 4.00% IRON ORE 161.91 — — COPPER 6.49 ▲ 0.08% GOLD 4,365 ▲ 0.85% SILVER 70.59 ▲ 0.74% SOY 1,126 ▲ 0.58% CORN 412.50 ▼ 0.72% WHEAT 587.75 ▼ 0.34% COFFEE 258.35 ▼ 1.75% SUGAR 14.06 ▲ 2.78% ORANGE JUICE 154.05 ▼ 5.66% COTTON 76.85 ▲ 4.66% COCOA 4,109 ▲ 5.85% BEEF 243.38 ▼ 2.60% CATTLE 361.38 ▲ 1.11% LITHIUM 84.08 ▲ 4.14% PETR4 39.06 ▼ 5.15% VALE3 81.16 ▲ 2.51% ITUB4 40.40 ▼ 0.49% BBDC4 17.65 ▼ 0.84% ABEV3 16.57 ▼ 0.24% BBAS3 19.39 ▼ 0.36% B3SA3 15.14 ▼ 0.59% WEGE3 42.78 ▲ 0.40% PRIO3 57.10 ▼ 6.91% SUZB3 42.59 ▲ 2.58% RENT3 40.65 ▼ 0.12% AZZA3 17.44 ▲ 1.45% CSAN3 3.27 ▼ 2.10% RAIZ4 0.42 ▼ 2.33% PCAR3 1.76 ▲ 13.55% GMAT3 3.95 ▼ 0.25% PSSA3 49.95 ▼ 1.07% CVCB3 1.38 ▼ 0.72% POSI3 3.75 ▲ 3.02% SLCE3 14.12 ▼ 0.91% NATU3 8.48 ▼ 0.93% BRKM5 9.32 ▲ 2.42% RANI3 7.90 ▼ 0.63% CSNA3 6.09 ▲ 0.66% CMIN3 4.39 ▲ 2.09% USIM5 10.80 ▼ 0.46% GGBR4 23.36 ▼ 2.18% ENEV3 25.06 ▲ 2.12% NEOE3 33.80 — 0.00% CPFE3 44.07 ▼ 0.79% CMIG4 10.73 — 0.00% EQTL3 38.42 ▼ 0.90% LREN3 15.31 ▼ 0.46% VIVT3 33.14 ▼ 1.16% RAIL3 13.27 ▼ 0.67% KLABIN 17.11 ▲ 1.36% RAIA DROGASIL 17.29 ▼ 0.97% RDOR3 33.80 ▼ 0.82% HAPV3 11.42 ▲ 0.18% FLRY3 14.98 ▼ 1.32% SMTO3 16.12 ▲ 2.03% UGPA3 24.10 ▼ 2.82% VBBR3 28.74 ▼ 1.41% BBSE3 37.78 ▼ 0.24% BPAC11 50.88 ▲ 0.97% CURY3 33.08 ▲ 3.02% AERI3 2.34 ▲ 0.43% VIVARA 21.59 ▲ 1.22% COMPASS 25.06 ▼ 0.91% VAMOS 2.98 ▼ 1.65% SANB11 27.09 ▼ 0.15% ASAI3 7.97 ▼ 1.60% SBSP3 27.87 ▲ 1.20% WALMEX 52.69 ▲ 1.17% GMEXICO 214.17 ▲ 2.14% FEMSA 217.48 ▼ 2.32% CEMEX 22.26 ▼ 0.49% GFNORTE 187.01 ▼ 0.87% BIMBO 58.25 ▲ 0.17% TELEVISA 10.20 ▲ 2.51% AMX 23.43 ▼ 1.88% GAP 425.59 ▲ 4.12% ASUR 301.00 ▲ 4.85% OMA 235.98 ▲ 7.64% KOF 185.07 ▼ 1.54% GRUMA 292.33 ▼ 1.26% KIMBER 37.45 ▼ 0.11% SQM-B 74,150 ▼ 1.79% COPEC 6,000 ▼ 1.96% BSANTANDER 73.99 ▲ 0.53% FALABELLA 5,970 ▲ 0.34% ENELAM 79.00 ▼ 0.72% CENCOSUD 2,275 ▲ 1.20% CMPC 1,058 ▼ 0.19% BANCO CHILE 180.51 ▼ 0.82% LATAM AIR 24.60 ▲ 2.76% YPF 83,400 ▼ 0.36% GGAL 8,210 ▼ 0.73% PAMPA 5,290 ▼ 0.28% TXAR 694.00 ▼ 0.93% ALUAR 1,029 ▲ 0.19% TGS 9,875 ▼ 0.25% CEPU 2,371 ▼ 1.00% MIRGOR 17,150 ▼ 0.72% COME 44.98 ▼ 2.34% LOMA NEGRA 3,750 — 0.00% BYMA 305.50 ▲ 0.74% TELECOM ARG 4,570 ▼ 3.89% ECOPETROL 15.69 ▼ 5.37% BANCOLOMBIA 80.14 ▼ 0.07% GRUPO AVAL 5.47 ▼ 1.44% CREDICORP 362.32 ▼ 1.96% SOUTHERN COPPER 193.22 ▲ 1.81% BUENAVENTURA 34.86 ▲ 4.31% MERCADOLIBRE 1,646 ▲ 3.57% NUBANK 12.43 ▲ 1.97% XP 15.81 ▼ 1.31% PAGSEGURO 8.87 ▼ 1.00% STONE 10.99 ▼ 2.40% GLOBANT 36.87 ▼ 1.65% TECNOGLASS 43.88 ▲ 0.21% GAP AIRPORT 247.19 ▲ 4.35% ASUR 301.00 ▲ 4.85% OMA AIRPORT 109.00 ▲ 7.10% AMX ADR 27.18 ▼ 2.05% FEMSA ADR 126.34 ▼ 2.34% CEMEX ADR 12.89 ▼ 0.69% PETROBRAS ADR 17.34 ▼ 5.66% VALE ADR 16.00 ▲ 1.85% ITAU ADR 7.95 ▼ 0.50% SANTANDER BR 5.40 ▼ 0.37% AMBEV ADR 3.25 — 0.00% CSN 1.23 ▲ 0.82% GERDAU 4.67 ▼ 1.75% LATAM ADR 54.86 ▲ 3.02% BTC 66,625 ▲ 0.51% ETH 1,798 ▲ 0.19% SOL 74.99 ▲ 1.37% XRP 1.24 ▲ 0.21% BNB 615.37 ▼ 0.33% ADA 0.18 ▲ 0.81% DOGE 0.09 ▲ 0.52% AVAX 6.97 ▲ 1.94% LINK 8.36 ▲ 0.77% DOT 1.03 ▲ 1.55% LTC 45.64 ▼ 0.36% BCH 225.25 ▲ 0.31% TRX 0.32 ▼ 0.28% XLM 0.23 ▲ 5.34% HBAR 0.08 ▲ 2.34% NEAR 2.52 ▲ 5.68% ATOM 2.00 ▲ 1.80% AAVE 75.12 ▲ 1.78% SELIC 14.50% EMBRAER 77.99 ▲ 7.06% EMBRAER ADR 61.50 ▲ 6.40% JBS 12.19 ▼ 2.79% JBS BDR 61.45 ▼ 2.43% MBRF3 15.78 ▼ 1.31% MBRFY 3.09 ▲ 0.10% INTER 5.82 ▲ 0.87%
since 2009
Tuesday, June 16, 2026

Chile Approves $5B Desalination Plant, Largest Mining-Water Project Since 2018

By · May 5, 2026 · 5 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Chile’s Comisión de Evaluación Ambiental for the Antofagasta Region unanimously approved on Monday, May 4, 2026, the Aguas Marítimas desalination project promoted by Cramsa Infraestructura SpA, with a 5 billion U.S. dollar investment that makes it the largest desalination plant in Chile and one of the largest in Latin America.

The plant will produce 700,000 cubic metres of desalinated water per day from a Caleta Bolfín seawater intake of 1,685,000 cubic metres per day. The approval is the largest single project the Sistema de Evaluación Ambiental has cleared since the Quebrada Blanca copper expansion of Teck in 2018.

Key Points

— COEVA Antofagasta unanimously approved Cramsa’s Aguas Marítimas desalination project on Monday, May 4, 2026.

— Investment of 5 billion U.S. dollars makes it the largest desalination plant in Chile and one of the largest in Latin America.

— Plant capacity 700,000 m3/day final, with 350,000 m3/day initial, 8,100 litres per second total.

— Caleta Bolfín seawater intake at 1,685,000 m3/day; brine discharge at 985,000 m3/day.

— First mega-mining-water project approval since Quebrada Blanca of Teck in 2018, per SEA records.

— Operations start scheduled for first half of 2029, with 70-year operational life through first half of 2099.

— 8,500 jobs at peak construction; one of four projects totalling 5.341 billion U.S. dollars approved by COEVA the same evening.

Deep Dive → How Chile approving LatAm's largest mining-water desalination project since 2018 anchors the resource-infrastructure investment benchmark Brazil's mining cycle must match

What COEVA Approved

The 12 representatives of the public services that compose the Comisión de Evaluación Ambiental of the Antofagasta Region voted unanimously on Monday evening to approve the Environmental Impact Study of the Aguas Marítimas project. The approval was accompanied by a favourable Informe Consolidado de Evaluación issued by the Servicio de Evaluación Ambiental.

The project will be located at Caleta Bolfín, 12 to 15 kilometres south of the Antofagasta urban limit. Cramsa filed the Environmental Impact Study in March 2022, totalling more than four years of permitting. Construction is scheduled to begin in the first half of 2027 and conclude in the first half of 2032 per the Informe Consolidado, with operations starting in the first half of 2029 and continuing through the first half of 2099.

Capacity, Conduit, and Coverage

The plant will reach 700,000 cubic metres per day final capacity from an 8,100-litres-per-second intake, distributing initially 350,000 cubic metres per day. Cramsa will build a 480-kilometre water-conduit system, 17 pumping stations and 350 kilometres of electrical transmission lines, serving Antofagasta, Calama and Sierra Gorda for mining, agricultural, industrial and eventually human-consumption uses.

Why It Matters

The Rio Times, the Latin American financial news outlet, reports that the Cramsa approval represents a watershed for Chile’s mining-water nexus. The Atacama Desert region of Antofagasta and Tarapacá produces around half of global copper output, and water scarcity has been the binding constraint on production expansion for over a decade.

The Asociación Chilena de Desalación y Reúso and the Corporación de Bienes de Capital have catalogued 51 desalination projects nationally totalling 24.5 billion U.S. dollars, of which 16 hold environmental approval and 10 are in construction. The Cramsa project alone represents roughly one-sixth of total catalogued investment.

Specification Detail
Investment USD 5 billion
Total capacity 700,000 m3/day, 8,100 L/s
Initial capacity 350,000 m3/day
Seawater intake 1,685,000 m3/day
Brine discharge 985,000 m3/day
Conduit length 480 km
Construction window 2027-2032
Operations 2029-2099 70-year operational life
Peak workforce 8,500 jobs

Cramsa Statement and Permitting Hurdles

Cramsa General Manager Peter Hatton said the approval confirmed the importance of timely, clear and transparent information for building community-relationship trust. During the 4-year evaluation, Cramsa requested a temporary suspension in December 2025 to conduct additional studies on the chinchilla lanígera, an endangered species in the project’s area of influence; the process resumed in February 2026. Six citizen-participation sessions were organised by the SEA across Antofagasta Region.

Chile Approves $5B Desalination Plant, Largest Mining-Water Project Since 2018. (Photo Internet reproduction)
RTAsk Rio TimesHave a question about Brazil or Latin America? Get a straight answer from our reporting.Start asking →

Same-day COEVA approvals totalled four projects worth 5.341 billion U.S. dollars combined. For broader context, see our coverage of Chilean President Kast’s first months in office and our analysis of the Colombian presidential election that frames the regional copper-water investment cycle.

What Happens Next

  • 2027 construction start: First half of 2027, per the Informe Consolidado de Evaluación, with foundation works and seawater-intake construction at Caleta Bolfín.
  • Mining-customer commitments: Industries and miners along the conduit route may now request industrial desalinated water provision; Calama, Sierra Gorda and Antofagasta Norte are primary commercial targets.
  • Quebrada Blanca benchmark: Cramsa now joins Teck’s 2018 approval as a watershed for Atacama mining-water investment, signalling Chile’s permitting backlog may be opening.

Frequently Asked Questions

What is the Chile largest desalination plant approved on May 4, 2026?

The Comisión de Evaluación Ambiental for the Antofagasta Region unanimously approved on Monday, May 4, 2026 the Aguas Marítimas project promoted by Cramsa Infraestructura SpA, with a 5 billion U.S. dollar investment. The plant will produce 700,000 cubic metres of desalinated water per day at full capacity, with 350,000 cubic metres per day initial capacity and 8,100 litres per second total intake. Located at Caleta Bolfín, 12 to 15 kilometres south of Antofagasta, it is the largest desalination plant in Chile and one of the largest in Latin America.

Why is the Cramsa approval considered a watershed for Chilean mining?

Per Servicio de Evaluación Ambiental records, Aguas Marítimas is the largest single project the agency has cleared since Quebrada Blanca of Teck in 2018, an 8-year gap on mega-investment approvals. The Atacama Desert produces around half of global copper output, and water scarcity has been the binding constraint on production expansion. The Asociación Chilena de Desalación catalogues 51 desalination projects nationally totalling 24.5 billion U.S. dollars, of which Cramsa alone represents roughly one-sixth.

When will the Aguas Marítimas plant begin operating?

Cramsa expects to begin operations during the first half of 2029, with construction scheduled to start in the first half of 2027 and conclude in the first half of 2032 per the Informe Consolidado de Evaluación. The 70-year operational life runs through the first half of 2099. The 8,500 jobs at peak construction will be deployed over a five-year build with 480 kilometres of conduit, 17 pumping stations and 350 kilometres of electrical transmission lines.

Which sectors will the Cramsa plant serve?

Aguas Marítimas will serve the communes of Antofagasta, Calama and Sierra Gorda for mining, agricultural, industrial and eventually human-consumption uses, distributed through licensed sanitation concessionaires. The conduit route will allow industries and mines along the line to request industrial desalinated water provision, with mining as the primary commercial target given Antofagasta’s copper concentration. The 700,000 cubic metres per day capacity at full build represents one of the largest single fresh-water sources ever brought online in northern Chile.

Updated: 2026-05-05T11:30:00Z by Rio Times Editorial Desk

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.