https://www.miningweekly.com

Codelco resumes operation despite strike, government says

22nd June 2022

By: Reuters

  

Font size: - +

SANTIAGO - Chile's State-owned Codelco, the world's largest copper producer, is operational and has taken measures to continue operations despite a national strike by workers that started early Wednesday, according Chile's Finance Minister.

Chile's Finance Minister Mario Marcel told a news conference that work at Codelco has continued despite the strike. Marcel also announced a $583-million reinvestment plan for Codelco in 2022 that includes 30% designated to 2021 utilities. There will be a similar reinvestment of utilities from 2021 through 2024.

This is part of a new agreement that will allow the state-owned company to keep earnings, which it previously could not.

To watch Creamer Media's latest video reports, click here
 

Edited by Reuters

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION