Chilean President Gabriel Boric Font Wednesday celebrated a new agreement between the state-owned National Copper Corporation (Codelco) and Sociedad Química y Minera (SQM) to create a public-private partnership to exploit the country's lithium, with the state as the main shareholder, it was reported in Santiago.
Chile's state-owned copper producer Codelco reported Friday a 10.4 % decrease in output in the first three quarters of 2022.
Codelco, the world's largest copper producer announced that it will begin construction on a long-delayed US$1 billion desalination plant this year to supply its largest operations in northern Chile.
Chilean copper mine workers have agreed to lift their strike after reaching an agreement with the state-owned Chilean National Copper Corporation (Codelco), it was announced Thursday.
Chile's State-owned miner Codelco, the world's largest copper producer, on Friday reported a 86% increase in its profit for the first nine months of the year on Friday, to US$1,124 billion, amid an increase in production.
Chile's Codelco has halted work on a multibillion-dollar project to extend the life of its El Teniente mine as the copper producer strives to slow the spread of the coronavirus disease through its workforce, the state-owned mining company said.
Chilean copper miner Codelco said on Thursday it was suspending refinery and foundry operations at its sprawling Chuquicamata division to prevent further spread of the new coronavirus.
Chile state miner Codelco filed with regulators on Friday a plan to begin exploration for lithium in its Maricunga salt flat holdings, a key step in advancing development of the country's second richest deposit of the metal needed for batteries.
Chilean lawmakers passed a measure this week abolishing an antiquated, decades-old law under which state-run Codelco, the world’s largest copper miner, helped foot the bill for the country’s military.
More than 3,200 workers at Chile's huge Chuquicamata copper mine plan to go on strike this week after union-management talks broke down, state-run miner Codelco - the world's largest copper producer - said on Wednesday.