Codelco aims for upper end of copper production range, plans to return to bond market, CEO says

ReutersApr 8, 2025 3:23 PM

SANTIAGO, April 8 (Reuters) - The CEO of Chile's Codelco, Ruben Alvarado, said on Tuesday that the company aims to bring its copper production to the upper end of its estimated range this year, now expecting to reach 1.39 million metric tons.

Speaking to Reuters at the CRU World Copper Summit in Santiago, Alvarado said that the state-owned company, the world's largest copper producer, plans to return to the bond market but is evaluating the right timing.

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