Codelco: Chuqui Underground Mine To Hit Production Targets In Coming Years

Published: Aug 23, 2023 17:07

Save

According to foreign news on August 18, outgoing Chilean state-owned copper miner Codelco CEO Andre Sougarret said on Friday that despite initial delays in the operation of the Chuqui underground mine, the company expects to meet its production targets in the next few years.

Codelco added that it would use "alternative actions" to extract material from the El Teniente mine following delays in its planned expansion.

Market forecast

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

5 hours ago

JX Metals President: Semiconductor Demand Surges, Plans to Expand Investment in Chip Materials

5 hours ago

8 hours ago

Data: SHFE, DCE market movement (Mar 30)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 30 Mar , 2026

8 hours ago

9 hours ago

The Most-Traded BC Copper Contract Closed Up 0.09%, with Macro Uncertainty Keeping Copper Prices on a Fluctuating Trend [SMM BC Copper Commentary]

9 hours ago

Related News

JX Metals President: Semiconductor Demand Surges, Plans to Expand Investment in Chip Materials

Mar 30, 2026 19:14

Data: SHFE, DCE market movement (Mar 30)

Mar 30, 2026 15:55

The Most-Traded BC Copper Contract Closed Up 0.09%, with Macro Uncertainty Keeping Copper Prices on a Fluctuating Trend [SMM BC Copper Commentary]

Mar 30, 2026 15:16

China’s Copper Inventories in Major Regions Declined for Three Consecutive Weeks [SMM Weekly Data]

Mar 30, 2026 14:44