Codelco Aims for 1.391 Million Tons of Copper Production by 2025

Reported about 8 hours ago

Chilean state-owned company Codelco, the largest copper producer globally, plans to produce 1.391 million metric tons of copper in 2025, as per an exclusive document. The mining giant has authorized investments of approximately $4.727 billion to improve production levels and has forecasted a copper price of $4.30 per pound with a cash cost of $1.98 per pound, expecting significant revenue and net profits.

Source: YAHOO

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