Codelco’s Q1 Profit Plummets 53% Despite Copper Output Gain as FX and Costs Bite
Codelco’s quest to recover from a 25-year production low hit a financial roadblock in Q1, as currency swings and maintenance costs slashed profits despite marginal copper output gains. The Chilean miner’s struggles highlight the challenges facing national champions in volatile commodity markets. By the Numbers Key Headwinds Silver Linings Industry Context What’s Next? Why This […]