An aerial view of Olivares glacier in the Andes Mountain range, near Santiago city, Chile November 17, 2014. REUTERS/Ivan Alvarado/File Photo Acquire Licensing RightsSANTIAGO, Sept 4 (Reuters) - Chilean state-owned mining firm Codelco will give up some 24,000 hectares of land it holds concessions to near the Andes mountain range for a new national glacier park, the chair of the board announced on Monday. The move is "a strategic initiative to face the challenges of climate change," Codelco chair Maximo Pacheco said at an event. The glacier park sits along the upper part of the Olivares and Colorado river basins, to the east of the capital. Reporting by Fabian Andres Cambero; Writing by Valentine Hilaire; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

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Persons: Olivares, Ivan Alvarado, Codelco, Maximo Pacheco, Maximiliano Proano, Fabian Andres Cambero, Valentine Hilaire, Josie Kao Organizations: REUTERS, Rights, Thomson Locations: Santiago city, Chile, Chilean, Santiago, Colorado