Marcelo Hernando News Today

State-owned copper giant Codelco has created two subsidiaries to further its expansion into lithium, a metal Chile has identified as essential not only for the global energy transition but for its own future development

The initial investigation points towards “overexploitation” in the Gaby 4 cave, Chiles mining minister said. Shares dropped on the news.

Three potentially significant discoveries over the past week have returned copper to the radar screens of investors, with the bonus being that demand for the metal appears to be outstripping supply, which can only mean a higher future price.