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Chile's Codelco to meet obligations as financials deteriorate -JPMorgan

Chile's Codelco, the world's largest copper producer, will meet its financial obligations despite headwinds from a series of operational problems and from high levels of debt and investments, JPMorgan said on Tuesday. Codelco's copper production fell in 2022 to its lowest level in 25 years, exacerbated in part by delays to key projects for extending the lives of its mines. "We believe Codelco will be able to meet all of its financial obligations despite the elevated capex b...
Maximo Pacheco Natalia Ramos Brian Snyder Chile Center Mining Studies Chairman Maximo Pacheco
Source: yahoo.com

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