Codelco expected to recover annual capacity to 1.7 million tons by 2030
Views : 103
Update time : 2023-08-23 17:37:20
Andre Sougarret, the outgoing chief executive of Codelco, said the annual production capacity won’t recover to 1.7 million tons until 2030, with a premise that the company can replace half of its production with new projects over the next decade.
Codelco’s copper production is at a 25-year low. The government asks Codelco to lead talks with private lithium companies to move to a state-led public-private model.
Sougarret announced his resignation in June and will resign at the end of this month, citing complexities in managing the company.
Aluminium prices diverge as LME gains, SHFE declines amid rising inventories
Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag
