Copper King Vows to Resist Rushing Projects as Prices Surge
- Codelco’s chairman sees ‘brakes’ restraining rest of industry
- Landerretche says he’ll maintain debt-growth ‘balancing act’
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The world’s biggest copper producer has some good news for bulls: it won’t be tempted into speeding up projects as prices rally.
What’s more, Codelco Chairman Oscar Landerretche says a series of natural obstacles facing the industry will also prevent other miners from piling in.