Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Codelco aims for upper end of copper output range, plans return to bond market, CEO says
Economy

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

Last updated: April 9, 2025 4:38 pm
Share
Codelco aims for upper end of copper output range, plans return to bond market, CEO says
SHARE

Chile’s Codelco, the world’s largest copper producer, is aiming to ramp up its output to 1.39 million metric tons this year, according to CEO Ruben Alvarado. This goal represents the upper end of the company’s estimated range for 2024. Alvarado shared this optimistic outlook during the CRU/CESCO World Copper Conference in Santiago.

After experiencing production lows in 2023 due to project delays and operational challenges, Codelco managed to bounce back in 2024. Alvarado expressed confidence in the company’s ability to continue this upward trend, citing a stronger first quarter performance compared to the previous year.

“We’re preparing to go for significantly more this year,” Alvarado stated. He emphasized the importance of operational excellence and safety in achieving this target, highlighting Codelco’s commitment to maintaining high standards in its operations.

In addition to focusing on production growth, Codelco is also considering a return to the bond market for financing its projects. Alvarado mentioned that the company’s bond prices are attractive, and they are carefully evaluating the timing for this move.

Furthermore, Codelco is evaluating the possibility of sending new spot copper shipments to the U.S. to meet the needs of long-term customers. This strategy was implemented in the first quarter as customers sought to secure supply ahead of anticipated U.S. tariffs on imports.

As Codelco continues to navigate market dynamics and operational challenges, Alvarado remains optimistic about the company’s prospects for the year ahead. With a focus on efficiency, safety, and strategic decision-making, Codelco is poised to maintain its position as a leading player in the global copper market.

See also  Is Snap-on Stock Outperforming the Dow?

This article was written by Fabian Andres Cambero and has been edited for WordPress integration.

TAGGED:aimsBondCEOCodelcoCoppermarketoutputPlansRangereturnUpper
Share This Article
Twitter Email Copy Link Print
Previous Article ‘And Then There Was Everything’ Unearths the Allure of Natural Motifs at Joy Machine — Colossal ‘And Then There Was Everything’ Unearths the Allure of Natural Motifs at Joy Machine — Colossal
Next Article How Liberty Upsets Patterns – Econlib How Liberty Upsets Patterns – Econlib
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

England vs. Greece odds, prediction, pick: Nations League live stream, TV channel, team news

Group B2 of the Nations League is heating up, the two unbeaten sides facing off…

October 10, 2024

How Much Ultraprocessed Food Do You Eat? Blood and Urine Record It

A groundbreaking study published in PLOS Medicine suggests that blood and urine samples can offer…

May 22, 2025

What to Expect From AutoZone’s Q1 2026 Earnings Report

AutoZone, Inc. (AZO), the Memphis, Tennessee-based automotive replacement parts and accessories retailer, is gearing up…

October 29, 2025

Champions League round of 16: Eight under-the-radar players to watch

The knockout stage of the Champions League is finally here, with 29 crucial matches remaining…

March 4, 2025

Pulse Finance completes MBO with backing from Arena Investors

The leadership team at Pulse Finance has successfully completed a management buyout (MBO), marking a…

April 15, 2025

You Might Also Like

Market analysts react to Trump-Xi meet
Economy

Market analysts react to Trump-Xi meet

October 31, 2025
29 truck carrier files Chapter 11
Economy

29 truck carrier files Chapter 11

October 31, 2025
Trust Government Statistics, Not Government
Economy

Trust Government Statistics, Not Government

October 31, 2025
Jefferies Raises BP Price Target to 420 GBp, Maintains Hold Rating
Economy

Jefferies Raises BP Price Target to 420 GBp, Maintains Hold Rating

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?