Thursday 25 February 2021
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channelnewsasia - 2 days ago

Exclusive: Chilean miner Codelco says copper price spike will bolster war chest, raise costs

Chile s state-owned Codelco, the world s largest copper producer, views recent spike in the price of the red metal as a good opportunity to generate cash for investments and hold down debt, but warned it could also drive up the miner s costs, a senior executive told Reuters on Monday.


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