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2024

Codelco is working very hard to boost copper output, CEO says

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Chile's State-run Codelco is working "very hard" to recover its copper production level, CEO Ruben Alvarado said on Tuesday, as the copper giant grapples with a 25-year low in output.

Codelco registered an 8.4% drop in production in the first half of the year, but is targeting a turn-around in the coming months to end 2024 slightly above last year.