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LET

Since April 2012 and to April 2014, we operated our first iron ore project named Llanos de El Tofo “LET”, located in the Coquimbo Region, approximately 80 km north of Coquimbo port, from where we exported all our production to China.

At this moment, our LET project is suspended due to the low prices on the iron ore market. We expect to be able to resume production in the future, when and if iron ore prices allow us to make it profitable again.