MRP expects the move will allow it to reach financial close for the $350m project in third quarter 2015 and start construction shortly thereafter.

Tchamma will be located on land owned by the National Assets Ministry in the Antofagasta Region, and will connect to the Northern Interconnected System.

“I would like to acknowledge the role the local community has played in bringing the project to this stage,” says MRP development manager for Chile Christian Evans.

“Mainstream