El Tatio geyser field |
The company said it would withdraw drilling rigs from the area within three months and indefinitely suspend geothermal exploration at the site.
The geothermal energy extraction project was being developed by the GDN JV of Codelco, state oil company Enap and Italian power company Enel. There has been simmering controversy over the project with the entire area being claimed by Atacama indigenous communities.