Codelco is the main copper producer in the world. The Corporation also controls around 10% of the world reserves of this metal.

The Name Codelco represents the Corporacion Nacional del Cobre de Chile, an autonomous company owned by the Chilean State which main business is the exploration, development and exploitation of copper mineral resources and byproducts, their processing to refined copper and its commercialization.

Codelco has more than US$ 20.835 billion in assets, and in 2011, its equity totalled US$ 6.065 billion. In 2011, Codelco produced 1.79 million metric tons of refined copper (including its interest in El Abra mine). This figure is equivalent to 10 % of the world copper production. Its key commercial product is Grade A copper cathodes.

The Company develops its operations through six mining divisions plus the Ventanas Smelter and Refinery, owned by Codelco since May 2005. Its corporate strategy is coordinated from its Head Office in Santiago, Chile.

Codelco is a Chilean state-owned copper mining company founded in 1976. It is the largest copper mining company in the world and produces around 11% of the world's copper. It is also the largest company in Chile and one of the most important in Latin America. Its main activity is the extraction, production, and commercialization of copper and its by-products, such as molybdenum, gold, silver, and sulfuric acid. It also produces other minerals such as iron ore and coal. The company operates several mines in Chile, as well as in Peru, Argentina, and the United States.

Codelco is an important economic engine for Chile, generating around 10% of the country’s GDP and providing employment to more than 40,000 people. The company is also a major contributor to the local economy, investing in infrastructure, education, and health. It is also a major player in the global copper market, selling its products to many countries around the world.

Codelco has a long history of innovation and technological advancement. It has invested heavily in research and development, leading to the development of new technologies and processes to improve the efficiency of its operations. This has allowed the company to increase its production and reduce its costs. It has also implemented safety and environmental protection measures, such as waste management systems, to reduce its environmental impact.

Codelco is committed to sustainability and has taken steps to reduce its carbon footprint. It has invested in renewable energy sources, such as solar and wind, and has implemented energy efficiency measures. It has also implemented a number of environmental protection initiatives, such as reforestation programs and water conservation measures.

Codelco is a major player in the global copper market and has a strong presence in the Latin American region. It is a key contributor to the Chilean economy and is committed to sustainability and technological advancement. Its commitment to innovation, safety, and environmental protection has allowed it to become one of the world’s leading copper producers.

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