Chilean President Boric aims to increase Codelco's copper production to 1.7 million metric tons by 2030 while speeding up mine approvals.
Chilean President Gabriel Boric expects Codelco, the country's top copper producer, to increase its production slowly this year and reach 1.7 million metric tons by 2030. Boric sees copper prices rising and is dedicated to speeding up the approval times for new mines and expansions, as global companies have raised concerns about long approval times. Codelco's output last year hit a quarter-century low at 1.325 million metric tons.
April 22, 2024
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