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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.
1947 map of mines in Chile. The mining sector in Chile is one of the pillars of Chilean economy and copper exports alone stands for more than one third of government income. Most mining in Chile is concentrated to the Norte Grande region spanning most of the Atacama Desert. Mining products of Chile includes copper, gold, silver, molybdenum ...
The nationalization of the Chilean copper industry, commonly described as the Chileanization of copper (Spanish: Chilenización del cobre) [1] was the process by which the Chilean government acquired control of the major foreign-owned section of the Chilean copper mining industry. It involved the three huge mines known as 'La Gran Mineria' and ...
Mining firms in Chile, the world's No.1 copper producer, are cheering a rally in the price of the red metal that hit a 10-year high this week, but warned that costs could rise as labor unions and ...
Chilean copper giant Codelco has secured contracts that will guarantee 85% of its energy supply will come from renewable sources by 2026, it said on Friday. The company said these contracts would ...
Chilean copper giant Codelco, under growing pressure from global clients demanding sustainable mining credentials, is trying to give itself a green makeover by investing in electric buses, cactus ...
Antofagasta plc is a London-based Chilean multinational. It is one of the most important conglomerates of Chile with equity participation in Antofagasta Minerals, the railroad from Antofagasta to Bolivia, Twin Metals in Minnesota and other exploration joint ventures in different parts from the world.
Los Pelambres mine is a copper mine located in the north-central of Chile in Coquimbo Region. It is one of the largest copper reserves in the world, having estimated reserves of 4.9 billion tonnes of ore grading 0.65% copper. [1] The deposit was first recognized by Willian Burford Braden in 1920. Production in 2012 was forecast at 390 tons of ...