October 25, 2016 5:13 PM ET

Metals and Mining

Company Overview of Corporación Nacional del Cobre de Chile

Company Overview

Corporación Nacional del Cobre de Chile engages in the exploration, development, and exploitation of copper mineral resources and byproducts in Chile. Its principal product includes copper cathodes. The company also produces copper concentrates; blister and anode copper; and by-products, such as molybdenum, anode slime, and sulphuric acid. In addition, it manufactures wire rods, a semi-manufactured product that uses copper cathodes as raw material. The company exports its products to Asia, Europe, South America, North America, and Oceania. Corporación Nacional del Cobre de Chile was founded in 1976 and is headquartered in Santiago, Chile.

Huérfanos 1270

PO Box 150-D



Founded in 1976


56 2 690 3000

Key Executives for Corporación Nacional del Cobre de Chile

Chief Executive Officer and President
Chief Financial Officer and Vice President of Administration & Finances
Vice President of Operations
General Manager of Cms Chile S A and Vice President of Productivity and Costs
General Manager of Chile Copper Ltda
Compensation as of Fiscal Year 2016.

Corporación Nacional del Cobre de Chile Key Developments

Codelco Reports Earnings Results for the Second Quarter and First Half of 2016

Codelco reported earnings results for the second quarter and first half of 2016. For the quarter, the company reported pre-tax profit of USD 54 million compared with USD 275 million in the year-ago period. For the first half, the company reported a pre-tax loss of USD 97 million compared with an USD 876 million pre-tax profit for the first half of 2016. Revenue was down 7.9% to USD 5.41 billion, with sales from company's own copper production down 8.7% to USD 4.04 billion, while those from its JVs at El Abra and AAS was 5.0% lower at USD 888 million.

Corporación Nacional del Cobre de Chile to Report Q2, 2016 Results on Aug 26, 2016

Corporación Nacional del Cobre de Chile announced that they will report Q2, 2016 results on Aug 26, 2016

Codelco Wins Chuqui Under Ground Contract

Codelco has awarded a new contract as part of the ongoing transformation of its century-old Chuquicamata mine into an underground operation. Finish engineering and construction firm Metso won the contract, which includes the engineering, supply of equipment and materials, and site assistance for 12 underground crusher stations combined with a conveyor package. The delivery contains 11 new units of its C200 jaw crushers, 24 push feeders and 20 conveyors. The USD 4.0 billion project is scheduled to continue until 2020.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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