Santiago, Chile · Producers
Corporación Nacional del Cobre de Chile (Codelco)
Codelco is the state-owned copper company of Chile. It runs several mining divisions in the north and centre of the country, including Chuquicamata, El Teniente, Radomiro Tomic and Ministro Hales. The company mines, smelts and refines copper and sells cathodes and concentrate to industrial customers abroad. Molybdenum is its main by-product.
Services and products
Copper cathodes, copper concentrate, anodes, molybdenum concentrate, sulphuric acid
Copper cathodes
Grade A electrolytic copper cathodes from its own refineries.
Copper concentrate
Concentrate for smelters in Asia and Europe.
Molybdenum
Molybdenum concentrate recovered as a by-product of copper mining.
Sulphuric acid and anodes
Sulphuric acid from smelter gases and copper anodes for refining.
About the company
Codelco was created in 1976 when Chile brought its large copper mines under one state company. All profits go to the Chilean state.
The company operates open pit and underground mines, concentrators, smelters and refineries. Its products are sold under long-term contracts and on the spot market. Copper cathodes are registered on the London Metal Exchange.
European buyers include cable makers, rolling mills and the chemical industry. Codelco publishes traceability and sustainability data for its copper.
