SANTIAGO – State-owned Chilean copper miner Codelco, the world's largest copper producer, expects output at its El Teniente mine to rise to more than 500 000 t/y by 2025, according to a report from the company.
The increase would position the mine, which produced 465 000 t of copper in 2018, as one of the world's largest deposits.
The company said it was implementing a strategy that would allow it to "add fresh reserves to replenish the sectors of El Teniente that are exhausted, renovating existing mines and presenting new opportunities," according to the document sent to Reuters.