Under the contract, which was awarded at the end of October 2018, TAKRAF said it's supplying a shiploader for "one of the world's largest undeveloped copper resources".

"This award follows the signing of an important contract with a large global diversified mining company and confirms TAKRAF Italy's growing reputation for the supply of marine equipment in the Americas," the company added.

TAKRAF will design the shiploader to load copper concentrate into ocean vessels ranging from 15,000 deadweight tonnage (DWT) up to 60,000DWT.

The equipment will be capable of luffing /slewing and will be equipped with a shuttle for better outreach. The design will also be executed in accordance with the Chilean seismic code.

TAKRAF Italy managing director Silvio Leoni commented: "We are very proud of this achievement with such an important global mining customer and are fully committed to ensuring flawless execution with a view to entrenching our capabilities as a premier global supplier of port facility equipment."