Economics
Copper King Has Stomach to Keep Producing, Spending in Rout
- Codelco Chairman commits to existing production targets
- Projects will be carried out with only minor changes
Copper Falls but What’s Impacting Demand?
This article is for subscribers only.
For copper bulls betting on more mining companies cutting production like Glencore Plc, the news out of Chile isn’t good.
Codelco, the world’s biggest copper producer, is maintaining output targets and warning investors not to expect any dramatic changes to its record investment plans.