Hot Chili Limited (AU:HCH) has released an update.
Hot Chili Limited has submitted a second maritime concession application in Chile’s Huasco Valley, setting the stage to establish a multi-user water network, which includes plans for seawater desalination. The company is also moving to create a new subsidiary focused on water supply, potentially adding significant value to its shareholders. These developments align with Chile’s push for investment in desalination infrastructure to support the region’s mining activities.
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