Chile's Copper Companies Explore Merger for Smelting Operations

Reported about 16 hours ago

Codelco and Enami, Chile's main state-owned copper firms, are in discussions to potentially merge their smelting operations to enhance production capacity. The collaboration may involve upgrading an existing Enami smelter and developing a new facility by Codelco. This strategic move aligns with the Chilean government's focus on improving processing capabilities amid global shifts in battery supply chains and environmental standards, despite the current oversupply of smelting capacity worldwide.

Source: YAHOO

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