Codelco

September 27th 2012; Essex Holdings Inc. has announced that on Wednesday the mineral division of the company  had signed a strategic port agreement with Chilean State owned company Codelco. The alliance of both companies with the agreement put in place will more than double the amount of cargo shipped out of Barquito Port and significantly improve the ports infrastructure to handle the expansion.

The agreement was signed on Wednesday 26th September 2012 by Dr. Navin Xavier, President / CEO of Essex Holdings Inc., and Mr. Armando Olavarria, CEO for Codelco (Salvador Division).

Dr. Navin Xavier when asked about the agreement stated “In order to support our project in the area we have put a strategic agreement in place with Codelco, the agreement will enable us to fulfill and control our exported product directly whilst at the same time expanding our operations, we are very happy to be able to align ourselves in this manner and feel this is a very positive step in the company’s operations in Chile”.

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