The chairman of Chile’s copper giant Codelco, Maximo Pacheco, said that. The company wants to increase its yearly output by at least 17 percent by the end of this decade

“We require to improve project management because we have a plates full of fundamental projects valuable billions of dollars, but not for a year or 2.

The business aims to sustain output levels, which declined to 1.45 million tonnes in 2022 and are predicted to decline again in 2023.

Copper output

Pacheco stated that there is no interest in returning to the market for debt anytime soon.

“We have a joint & cooperative relation in logistics, transportation, and mine growth,” Pacheco said. But we have a great chance to improve, broaden, and reinforce that

Pacheco predicted that the company will have “normalised” operation by July after a difficult 2022.