Chile's National Copper Corporation (Codelco), among the world's leading copper producers, reported today, Tuesday, that it recorded a 162,000-ton drop in its 2022 production, compared to the previous year, equivalent to 10 percent less.
Codelco said in a statement that the "specific difficulties" the state-owned company had the previous year, between structural failures and weather events, caused a setback in annual production.
"Seventy-seven percent was due to problems in operational continuity and 23 percent to project delays. We have had an extraordinarily eventful year," said the chairman of Codelco's board, Máximo Pacheco. . .
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