Hot Chili is a high-beta, infrastructure-de-risked copper developer offering discounted exposure to a potential Tier-1 Chilean supply hub.
Overview
Hot Chili Limited is a pre-revenue copper-gold developer advancing the Costa Fuego project in coastal Chile, one of the largest independent undeveloped copper-gold porphyry hubs globally. The project targets approximately 95,000 tonnes of copper and 50,000 ounces of gold annually over 20 years. Its key edge is **buildability**: low elevation, proximity to port, power and highway infrastructure, and control of strategic seawater rights. Glencore’s offtake agreement validates future concentrate demand, while value depends on feasibility de-risking and project financing.