Codelco Expects to Churn Out Slightly More Copper This Year
(Bloomberg) -- Codelco expects to produce slightly more copper in 2026 than last year as the Chilean state-owned miner battles to put a string of operational and project setbacks in the rear-view mirror. The sprawling mines operated by Codelco in Chile are budgeted to churn out 1.344 million metric tons this year, compared with 1.333 million tons last year, Chief Executive Officer Ruben Alvarado told reporters in Santiago Friday. The company’s official guidance range is 1.331 million to 1.357 million to ...