Chile Gives Struggling Copper Giant Codelco a $2.4 Billion Boost

Chile Gives Struggling Copper Giant Codelco a $2.4 Billion Boost

Chile’s government will allow state-owned Codelco to retain all of its 2025 profit, leaving about $2.42 billion in the copper giant as it looks to revive production and ease a record debt burden.

Chile’s government will allow state-owned Codelco to retain all of its 2025 profit, leaving about $2.42 billion in the copper giant as it looks to revive production and ease a record debt burden.
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