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The National Copper Corporation of Chile (Spanish: Corporación Nacional del Cobre de Chile), abbreviated as Codelco, is a Chilean state-owned copper mining company. It was formed in 1976 from foreign-owned copper companies that were nationalised in 1971.
The way this was done was by comparing copper profits in Chile with the companies' profits elsewhere in the world. It was calculated that twelve percent was the worldwide profit rate for these companies, and that they had made $774 million above this in Chile from 1955 to 1970: "This deduction exceeded the book value of the companies' properties."
Pages in category "Copper mining companies of Chile" The following 4 pages are in this category, out of 4 total. This list may not reflect recent changes. A.
To skip the industry analysis, you can go directly to the 5 Biggest Copper Companies in the World. Copper is the third most used metal in the world with Chile as its biggest producer and China as ...
Location of Chile. Chile is a South American country occupying a long, narrow strip of land between the Andes to the east and the Pacific Ocean to the west. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the far south.
Chile has a long tradition in mining, which developed during the 20th century and made the country the world's top producer of copper. [2] Since 2000, an average of 34 people have died every year in mining accidents in Chile, with a high of 43 in 2008, according to a review of data collected by the state regulatory agency Servicio Nacional de Geología y Minería de Chile (abbreviated ...
In 2009, Antofagasta PLC signed an agreement with the Australian company Carbon Energy to develop an underground coal gasification project in Mulpún, in Southern Chile. [6] The project was put on hold in 2013. [7] In 2015, Antofagasta took control of Twin Metals, a US company involved in a copper and nickel mining project in Northern Minnesota.
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related to: chilean copper companies llc